Quincy Divorce Attorney Protecting Your Financial Security

Couples with significant assets – who own a family business or a share of a partnership, who hold an executive position, or who have received a large inheritance – have additional concerns when it comes to the division of marital property in divorce. We can help you understand how Massachusetts divorce laws will affect your situation, and how family court judges are likely to view the legal facts of your property division case.

We have been working in family courts in the Quincy area for 40 years. The depth of knowledge and experience we have with local courts can make a difference. Contact our law office to schedule a free initial consultation with a Quincy divorce attorney.

Complex Marital Assets

Is a particular asset a marital asset or a separate asset? Sometimes the answer is simple; sometimes not. An inheritance received by one party during the marriage, property that was owned before the marriage but then shared during the marriage, a business owned before the marriage and operated by only one party – the question of ownership may not be at all clear. You may find yourself in divorce court seeking a ruling from a judge and you will want a very experienced attorney on your side.

What is the value of a particular asset and is that value to be shared 50/50? Complex assets often require valuation by an expert – a real estate appraiser or a business valuator, for example. The percentage of an asset determined to be marital property may mean that the value is not shared 50/50.

Of course, with any asset you and your spouse are always free to work out an agreement together that differs from what a judge might decide. Whether in negotiations or in mediation, we can assist you with this as well.

Do Executive Bonuses and Profit Sharing Factor Into Support Orders?

Executive pay packages, bonuses, stock options and other creative profit sharing mechanisms are increasingly being considered as income by spouses seeking alimony or co-parents seeking child support. But is this really "income," when it is contingent upon so many factors, some beyond the control of the employee? Should alimony and child support orders be based on known income or possible income?

There are no fixed rules, as yet, in this area of law so the skill of your divorce lawyer will be particularly valuable.

Contact Quincy Property Division Lawyer Wilfred C. Driscoll, Jr.

You can have confidence that when you work with us the details of your property division case will be handled in a cost-effective and professional manner. Call (617) 302-6870 or email Driscoll Sanford Family Law. We offer payment plans and flat-fee pricing for some legal matters.

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