[caption id="attachment_5062" align="alignleft" width="604"] Communication is very important in a divorce.[/caption] Marcia Mavrides, Owner and Founder of Mavrides Law and top Boston divorce attorney, was recently quoted in the Huffington Post on how important communication is during a divorce. Read her advice here,…
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Avoiding Tax Consequences When Dividing Retirement Accounts
By: Christina Pashou, Esq. Division of assets during divorce may also include the division of tax-sheltered retirement accounts (IRA’s, and 401K’s) and pensions. While many have concerns that the transfer of retirement funds pursuant to a divorce will result in taxes and penalties being incurred upon division of the accounts, if the account is divided…
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The Power of a Trust in Divorce
by: Christina Pashou, Esq. The Massachusetts case of Pfannenstiehl v. Pfannenstiehl could have lead to a court decision that would have negatively impacted the estate planning goals of families who wish to protect trust assets in divorce cases. In 2015, the Massachusetts Appeals Court ruled that a portion of a trust created by the parents…
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Financial Statements
Q: What is a financial statement? A: A financial statement is a snapshot of your current financial status. The Massachusetts Probate and Family Courts require you to fill out a Financial Statement in divorce cases, separate support cases, custody cases, and child support cases. A financial statement is a snapshot of your current financial status.…
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