Division of Property
According to Massachusetts law, there are specific factors that Courts may consider and assess in determining the nature, value and allocation of property to be divided in a divorce. These include:
- the length of the marriage
- the conduct of the parties during the marriage
- the age
- amount and sources of income
- vocational skills
- needs of each of the parties
- the opportunity of each for future acquisition of capital assets and income
- the amount and duration of alimony, if any, awarded
- the present and future needs of the dependent children of the marriage
- the contribution of each of the parties in the acquisition, preservation or appreciation in value of the respective estates and
- the contribution of each of the parties as a homemaker to the family unit.
All property, wherever situated and irrespective of title, including inherited property, may be subject to equitable division in a divorce.