Property Division 1

Question: Who decides how to divide property in a divorce?

Answer:   The Court decides how property is divided in a divorce.  The judge in your case can either approve an Agreement between you and your spouse (sometimes referred to as a Separation Agreement), or decide your case after hearing evidence at a trial.  Either way, you are always better off if you have an attorney helping you.  Divorce can be a stressful experience, and you should have a lawyer who is experienced and competent to represent your interests by either negotiating an Agreement or presenting your case at trial.

Throughout the New Bedford, Fall River, Taunton areas, and all across Bristol County, the lawyers at the Law Office of Bardsley and Gray offer experienced, aggressive, and caring representation for all Probate and Family Court matters.  Our Lawyers are active in Plymouth County, Brockton and in Norfolk County as well.

 

Question:  How does a judge divide property in Massachusetts?

Answer:

Probate court judges are guided by statutes, case law and common law principals.  For a more complete description of these types of law, see our blog post entitled: “Introduction to Family Law”.  M.G.L. c. 208, §34 is the law that will guide the judgein making any property division.  Among other things, it requires the court to make an equitable (not always equal) division of property.  Equitable means what the court finds based on the facts it hears and the law what is fair and reasonable.  It is the lawyer’s job to help the judge figure out what is the fairest way to divide your property.  In many cases, it is better to negotiate your property division rather than allowing a judge to decide how the property will be divided at trial.  Trials are expensive and stressful, but sometimes, when one spouse insists on a division of property that you think is not fair, a trial may be the best option.

G.L.c.208, Sec. 34 gives probate court judges very broad equitable powers when assigning marital property to one spouse or the other.   According to the relevant language of that law:

In fixing the nature and value of the property, if any, to be so assigned, the court, after hearing the witnesses, if any, of each of the parties, shall consider the length of the marriage, the conduct of the parties during the marriage, the age, health, station, occupation, amount and sources of income, vocational skills, employability, estate, liabilities and needs of each of the parties, the opportunity of each for future acquisition of capital assets and income, and the amount and duration of alimony, if any, awarded under sections 48 to 55, inclusive. In fixing the nature and value of the property to be so assigned, the court shall also consider the present and future needs of the dependent children of the marriage. The court may also consider the contribution of each of the parties in the acquisition, preservation or appreciation in value of their respective estates and the contribution of each of the parties as a homemaker to the family unit.

 

Question: How will the judge decide what property is to be divided in my Divorce?

Answer:   Both parties are required to disclose all of their property, whether they own it with their spouse, in their own name, or with another person (or other entity such as a business, a corporation or a trust).  If you believe your spouse has more property than he or she is disclosing, your lawyer can and should engage in a process referred to in the law as “discovery.” Under the rules of discovery, you or your attorney has the right to make formal requests for documents or other items.  You or your lawyer may also ask a limited number of written questions that your spouse is required to answer under oath called “interrogatories”.  Another common type of discovery is called a “deposition”.  In a deposition, either your spouse, or another witness is ordered to go to a location (usually the office of the opposing party’s lawyer), swear to tell the truth under the penalties of perjury, and after the oath is made, to answer a series of questions.

The amount and aggressiveness of the discovery process does depends upon how cooperative your spouse is in disclosing assets and how complicated the case is.  For example, if your spouse owns a business or is the head of a corporation, figuring out his or her true income may be difficult.  Obviously when divorcing, the spouse who controls a business or trust has an interest in showing the court a lower value.

 

Question: How do I disclose my property?  What is a Financial Statement?

Answer:   Every person who has a case in family court that involves money and/or child support is obligated by the rules of the court to file and serve upon the other side a complete disclosure of your assets, liabilities (debt), income and expenses.  This is done by completing and giving to your spouse or other party and the court a court form called a “Financial Statement”.  There are two versions of the financial statement; one for people whose yearly incomes do not exceed $75,000.00 (pink form), and another for people whose yearly incomes exceed $75,000.00.

Note that the Financial Statement is most probably the single most important document you will file in a family law case.  You are required to sign the Financial Statement under the penalties of perjury that it is a true and complete record of your income and expenses, assets and liabilities.  We highly recommend that you hire a lawyer to prepare your Financial Statement on your behalf.

 

Question: What if I forget to disclose something on my Financial Statement?

Answer:   It is extremely important to be thorough and accurate to the best of your knowledge and belief when completing your financial statement.  However, there may be a time when you forget to include something.  If you do, it is your responsibility to amend your financial statement immediately and file the amended statement with the court and serve it upon your spouse or other party in the case.

Failure to disclose income or an asset (for example, you are a potential plaintiff in a lawsuit of undetermined value that is being considered) can, if the judge believes you were trying to conceal its existence, expose you to serious court sanctions.  Perhaps more damaging would be the loss of credibility in the eyes of the judge.  If he or she believes you lied on purpose, they are not likely to believe anything you say going forward.

 

Question: What if my spouse and I disagree about the value of an asset?

Answer:   Using case law that was decided in divorces and other civil cases, lawyers help guide judges to the most correct and fair answer to this question.  Depending upon how complicated the asset is, lawyers may hire experts to help explain its value.  This can become complicated (and expensive) when one spouse says the asset has little or no value, and the other spouse believes the asset is valuable.

This frequently happens when the parties own a house or houses.  If one spouse feels the house is not worth as much as the other spouse, lawyers may choose a licensed real estate appraiser (rather than a real estate  agent or broker).   Another example occurs when one spouse owns a business or operates a corporation.  Your lawyer will help you hire an expert witness to proffer a reasonable estimate of the value of your (or your spouse’s) business or corporate interest or real estate.

 

Question: I never earned income during our marriage, but I have been a stay at home parent.  Will my spouse be allowed to keep more property in the divorce?

Answer:   No.  Not on this alone.  Generally in Massachusetts, home making and child rearing are considered non financial contributions to the marriage and are seen as equal in value to a spouse’s financial contributions.  However, courts in Massachusetts have found a spouse’s non financial contributions were much less substantial than the other spouse’s financial and/or non financial contributions, and awarded more property to the “super” contributor.  See e.g., Williams v. Massa, 431 Mass. 619 (2000).

 

Question: My spouse and I bought real estate together before we were married, but title to the property is in my spouse’s name.  Will the court divide that property?

Answer:   Generally, an asset owned before the marriage by one spouse, and kept separate from the “marital enterprise” after the wedding will be awarded to the spouse who brought the asset to the marriage.  However, the Probate and Family Court has broad “equity” power, meaning it can decide to allocate assets in a manner it sees as fair and reasonable under your particular circumstances, even for assets acquired in the name of one spouse but managed by the couple before and/or during the marriage.

 

Question: How can I make an Agreement to divide property?

Answer:   We highly recommend that you hire a skilled attorney to analyze, negotiate, and draft your Separation Agreement.  In Massachusetts, there are no “do-overs” when you and your spouse divide your property.  You only get one chance to divide your property.  If you change your mind after the judgment, there is almost never a way to go back to court.

 

Question: What if I find out after a divorce that my spouse did not disclose all of his or her assets?

Answer: This is the exception to the one time property division rule.  If you learn that your spouse lied and did not tell you about property he or she owned,   and committed fraud.  Fraud is usually extremely difficult to prove, and unless it is for a large amount of money or property, you may wind up spending more to recover it than accepting the loss.  For these reasons, it is always best to have a lawyer representing your interests.

COVID-19: A Message To Our Clients

Dear Colleagues and Clients,

We are following the recommendations of both federal and state government officials and we are following the Court’s COVID-19 response and recommendations for all court appearances. We are practicing social distancing measures to try to reduce the spread of COVID-19. To further these efforts, Law Office of Gray Law, P.C. has shifted to remote operations until further notice. While we are working with a more limited staff, we do have considerable technological capabilities in place to minimize any disruption of legal services. We hope our efforts will protect clients, staff, and the community. At this time, we will be regularly communicating with clients and colleagues primarily, via electronic communication and telephone conferences, and our meetings will take place virtually. Please notify us of any changes to your contact information and check your email regularly.

We hope that you stay safe and we thank you in advance for your patience and cooperation.

Best regards,
Lisa Gray, Owner