Salem Massachusetts Property Division Attorney
Issues surrounding the division of property can be complex and often are a source of dispute when getting a divorce. It is important that you retain an attorney who has the knowledge and experience to properly advise you and guide you through the divorce process.
Located in Salem, Massachusetts, Laurence M. Kelley, Attorney at Law counsels men and women in all aspects of divorce, including property division (the division of assets and debts).
Our goal is to ensure you have the information you need to make an informed decision. We offer advice based upon experience dating back to 1994. Our focus is on family law, and we keep current with the changes in the law.
We also have an extensive network of experts and professionals at our disposal who work with the complex issues associated with the equitable distribution of property.
For information about our qualifications and some of the benefits of retaining our services, please visit our Firm Overview.
To discuss issues involving property division with an experienced Massachusetts family law attorney, please call 978-666-4301 to schedule a free initial consultation.
Experienced Massachusetts Division of Marital Property Attorney
The division of marital property can be extremely complex and difficult. Typically, there are two main issues that must be resolved:
- Classification of the property
- Valuation of the property
Division of Property: Classification Issues
Classification issues center on whether the property is marital property or if the property belongs solely to the individual. The latter should not be considered in the division of marital assets and debts.
Classification issues can become extremely complex when assets originally belonging to one of the parties are commingled with joint assets. For example, one party brings a house into the marriage but improvements are made during the marriage with marital money. This usage of marital money can blur the line between individual property and marital assets. Mortgage payments paid during the marriage as well as increases in the value of the property can also add to the complexity of property classification.
If you have classification issues surrounding some of your property, you should contact an experienced family law attorney to discuss your situation.
Division of Property: Valuation Issues
Valuation issues arise when the value of an asset is difficult to ascertain. Examples of assets that may pose difficulty include shares or ownership of a small company, stock options, retirement plans, insurance policies, real estate and collectibles.
We work with experts such as actuaries and professional appraisers to resolve valuation issues.
Contact an Experienced Salem Property Division Lawyer Today
For information about Massachusetts' laws regarding the equitable distribution of property, or to discuss your particular property division matter with an experienced family law attorney, please schedule a free confidential consultation by calling us at 978-666-4301. If you prefer, you may fill out our intake form and we will contact you.
