“Some of us think holding on makes us strong, but sometimes it is letting go.”

— Hermann Hesse

Spousal Support Modification – Is it right for you?

There are many existing divorce agreements that have orders of spousal support or alimony. Recently, many states, including Massachusetts, have instituted new guidelines to determine who will receive alimony and for how long. The alimony that was set in an agreement or judgment years ago may no longer make financial sense. There may be specific reasons why you may need to modify the results.

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Massachusetts’ New Alimony Law and How it Could Affect You

The Massachusetts Alimony Reform Act was signed into law in 2011 and became effective a little over a year ago. This law brought about sweeping new changes in the way alimony is awarded in the state, and many orders issued prior to its enactment could be modified as a result.

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Is The Time Right To Sell The Former Marital Home?

Many divorce agreements drafted over the past few years provide for joint ownership of the marital home, with one party residing in the home usually with the children. Often when these arrangements are made, parents want to maintain stability for the children, trying to keep the same school system and friendships. One spouse may not be ready to make the decision about where to move. Situations have occurred over the past few years where it would not be financially feasible to sell the home because property values had decreased. The person who does not live in the home is usually not financially responsible to pay the costs of the home, but may be responsible for larger necessary maintenance and repair costs.

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