Once your divorce or paternity action is finalized, you and the other parent will receive a judgment that includes specific terms regarding custody of your children and parenting time.
Once you make the decision to get a divorce, you may feel emotionally overwhelmed and concerned about your finances. The process of divorce has a bad reputation for costing former couples thousands of dollars and requiring spouses to battle in court for months.
Divorce is never easy, but you may be able to find a way to make this process easier and smoother for your family. For Massachusetts couples looking for a better way to walk through the divorce process, mediation may be the right choice. In addition to allowing a couple to keep their divorce out of the courtroom, it offers several other benefits for people who don't want litigation to be their only option.
Every four years, the Massachusetts Child Support Guidelines are reviewed, updated and amended. On September 15, 2017, the new Child Support Guidelines will take effect. While many provisions of the current guidelines will remain the same, there are several major changes that may have a significant impact on parties who already have a support order. These include changes to the minimum presumptive order, the calculation of support for children between 18 and 23 years of age, the payment of child care and health insurance costs, the removal of a calculation for parenting plans that are not 50/50 or one-third/ two-thirds, and the addition of a maximum parental contribution to college expenses.
Naturally, those who go down the aisle do not expect to become ex-spouses years down the road. However, the reality is that marriages do not always last -- in many cases, due to irreconcilable differences. A couple of tips can help with navigating a divorce proceeding involving matters such as property division in Massachusetts.
Many Massachusetts couples decide to sign prenuptial agreements before getting married in order to protect their assets in the event of a divorce. Property division is often the most complex part of a divorce and having an agreement in place ahead of time can make things much easier. Even "millennials," who are waiting longer to get married than other generations, are playing it safe when it comes to their finances. Many of these young people have built businesses and purchased properties and want to make sure they will hold on to those things even if their marriages end.
The divorce process in Massachusetts can be costly, especially if you and your spouse end up in a long, drawn-out court battle over property division, child custody and alimony issues. Even well-off couples may find themselves facing financial difficulties after getting divorced. However, there are ways to protect your finances and make sure that you have enough to live independently once you and your spouse have officially gone your separate ways.