A Focus on the Financial Aspects of Divorce
In any divorce, but especially in a divorce where the spouses have a high net worth and many assets requiring distribution, it is critically important to understand the tax and financial consequences of the divorce agreement.
Divorce attorneys who do not have a substantial understanding of the application of U.S. and state tax laws to divorce agreements do a disservice to their clients. The short-term questions regarding distribution of assets and financial payments from one spouse to another are important, but the long-term financial consequences of those decisions can have a tremendous impact.
Should a payment from one spouse to another be structured as alimony or child support? One type of payment is tax-deductible, whereas another is not. Questions like this illustrate the importance of seeking legal advice from divorce lawyers who also have in-depth knowledge of U.S. and Massachusetts state tax laws.
Mooney McGinn LLP
Offices in Cambridge and Danvers, Massachusetts
Cambridge 617-245-8080 | Danvers 978-767-4221
E-Mail
At Mooney McGinn LLP, we handle all aspects of a divorce, including child custody and visitation arrangements, modification of divorce agreements, and enforcement of divorce decrees. Our special emphasis, however, is on the financial aspects of a divorce. We serve our clients best by using our financial backgrounds to make sure that the divorce agreement is in our client's best interests.
We have developed a strong reputation as dedicated advocates who use strong negotiation skills to work out beneficial divorce agreements, often without having to spend our client's time and money in a drawn-out court battle. Our goal is to conclude the divorce process as efficiently as possible, while making certain that the divorce agreement provides both short-term and long-range financial protections for our client and our client's children.
Contact Mooney McGinn LLP
Mooney McGinn LLP has two Massachusetts offices to serve our clients - in Danvers and in Cambridge. We offer an initial phone consultation to all new clients.
Call our attorneys in Cambridge at 617-245-8080, in Danvers at 978-767-4221, or contact us by e-mail via the Contact Us page.
