Protect Your Property And Future With A Skilled Asset Division Attorney
When couples divorce, many people worry about what will happen to their property. You might be concerned about losing your home, retirement savings or family business. You might believe that you could lose everything in a divorce.
Our team at Natoli & Associates understands these concerns quite well, as many people who come through our doors have the very same worries. We are here to correct misconceptions and guide you through the process of dividing assets in a Bristol County divorce.
How Massachusetts Courts Divide Assets
In Massachusetts, equitable distribution laws govern how assets are divided in a divorce. This doesn’t always mean an equal split. Instead, the court aims for a fair outcome based on various factors, such as:
- The length of the marriage
- Each party’s financial and nonfinancial marital contributions
- Individual earnings and earning potential
- Needs of each person
- Age and health of both spouses
Some property is eligible for division, while other property is not. For example, assets acquired during the marriage are generally divisible. Property that either party owned before the marriage or received as a gift or inheritance may not be. However, specific terms in a valid prenuptial or postnuptial agreement can significantly affect these designations.
Handling Complex Assets In Bristol County Divorces
Dividing complex assets like businesses and homes requires careful consideration. You can’t simply split a business in half. Depending on the type of asset, options for dividing complex assets in a divorce include:
- Selling the property and dividing the profits
- Continuing to own it together (though this is rare)
- One party buying out the other or compensating one person with other assets.
An experienced asset division lawyer like Thomas F. Natoli can help you explore these options, determine what is in your best interests and pursue fair, agreeable solutions.
Trusted Guidance For Your Asset Division Needs
At Natoli & Associates, we prioritize extensive preparation for any family law matter, including asset division cases. Our approach is rooted in our old-fashioned work ethic and a commitment to understanding your specific needs and wants.
Whether this means scrutinizing legal agreements or consulting with forensic accountants, you can count on us to be tenacious advocates for your best interests. Asset division attorney Natoli has over 15 years of experience and is dedicated to helping you make informed decisions about the legal process so you can begin building your future.
Contact Us For Guidance
We offer free consultations at our office in Taunton. Call or complete our intake form. Let’s work together to protect your property and secure your future in this new chapter of your life.