Dividing Property And Assets In Divorce
In divorce proceedings, property questions can immediately arise. Will I be able to keep my home and retirement savings? What will happen to my business or to my inheritance? How do I know my spouse isn’t hiding assets, and will I receive a portion of my spouse’s pension since I have no retirement funds in my name?
At the Peabody, Massachusetts, Law Office of Merril S. Chin, LLC, we have handled marital asset division for a combined five decades and are highly skilled at protecting clients’ property law rights during divorce. We can handle all aspects of the property division process, including:
- The identification of all jointly and singly owned property
- The valuation of property
- The division of property
- Characterization of assets as property or income, such as in the case of pensions or stock options
Dividing Property In a Fair and Appropriate Way
It makes sense to hire an attorney to advise you concerning property division matters in Massachusetts, as it is an equitable distribution state. “Equitable distribution” means that marital property is not automatically divided equally. Instead, family law judges look at many factors under the law and decide what is fair based on the particular circumstances of your marriage. What is deemed appropriate and fair in one situation may not be deemed so in another. Therefore, experienced legal advocacy is needed to promote your rights and to ensure you obtain what you deserve.
When identifying and valuing the assets in a divorce, the attorneys at The Law Office of Merril S. Chin, LLC, utilize the services of licensed business appraisers, actuaries and accountants, if necessary. Whether your divorce involves a closely held business and commercial property or residential real estate and a military pension, the attorneys at The Law Office of Merril S. Chin, LLC, have the experience and the knowledge to obtain a division of assets that is in your best interest.
In addition to our legal experience, firm founder Merril S. Chin has taught Business Law courses at Emmanuel College, and has taught CPA exam courses. Our combination of legal and business acumen uniquely qualifies our firm to handle division of asset disputes. To learn more about our firm and your divorce law rights, contact our firm.
The Law Office of Merril S. Chin, LLC, is located conveniently off of Route 1 and highways 95, 128, 62 and 114. We accept all major credit cards and offer flexible appointments. Call us at 978-767-4701 or 866-483-6848.