Thursday, May 16, 2013

Distributing Marital Assets in a Massachusetts Divorce



The division of marital assets in Massachusetts divorce cases is controlled by M.G.L. c. 208 s. 34. Often the division of the assets in a marriage is at the forefront of a client's mind, and they want to know what the Court takes into consideration when making such a division. The following information are the criteria to be taken into account by the Probate and Family Courts of the Commonwealth in determining what is a fair and equitable distribution of the marital estate.

1.  Length of marriage
2.  Conduct of the respective parties during the marriage.
3.  Ages of the respective parties.
4.  Health of the respective parties.
5.  Station of the respective parties.
6.  Occupations of the respective parties.
7.  Amount and sources of income of the respective parties.
8.  Vocational skills of the respective parties.
9.  Employability of the respective parties.
10.  Estates of the respective parties.
11.  Liabilities of the respective parties.
12.  Needs of the respective parties.
13.  Current needs of the minor children of the marriage.
14.  Future needs of the minor children of the marriage.
15.  Opportunities available to the respective parties for future acquisition of capital.
16.  Opportunities available to the respective parties for future acquisition of income.
17.  Contributions of the respective parties in the acquisition, preservation or appreciation in value of their    estates.
18.  Contributions of Husband and Wife as homemaker.
19.  Present and future needs of the dependent children.

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