Seder & Chandler, LLP
Worcester 508-471-3018
Westborough 508-709-0024

December 2014 Archives

The pros and cons of awarding custody to grandparents

Here in Massachusetts, our laws afford families a number of options when it comes to custody arrangements. While the preferred arrangement is joint or shared custody between the child's parents, different arrangements may be necessary, such as awarding full custody to one parent or to another family member altogether. This oftentimes happens in situations where one or both parents are not considered fit to take care of the child, which forces the courts to award custody based on the best interest of the child.

First things first

A story discussing the problems of the City of Detroit provides some instruction on the importance of maintaining your tech infrastructure, whether you are a municipality across the county or a private business here in Boston.

Do foreclosures present an investment opportunity?

In recent years, lenders may have allowed a grace period for homeowners struggling with delinquent mortgage payments. However, that safety net has apparently been removed, considering that foreclosure filings in Massachusetts have increased by 91 percent from October 2013. In fact, foreclosures have been on the rise for eight consecutive months in the state.

$100 billion Boston

With any purchase of real estate, there are many associated costs incident to ownership. You know that that assuming it isn't just a vacant lot, you will have maintenance and other upkeep costs on the structures, and there will always be property tax.

Bitcoin: futuristic currency or way to hide assets in a divorce?

There have been a lot of advancements in the last 10 years that have not only changed the way we look at the world but how we navigate in it as well. While most of these advancements are beneficial to society, there is one innovation that has many legal experts concerned, particularly for people who are about to go through the divorce process.

An important distinction: initiated versus completed foreclosures

According to data from a local real estate tracking firm, foreclosures against Massachusetts homeowners rose for the eighth consecutive month in October. Since October 2013, initiated foreclosures have nearly doubled, according to data from the Warren Group. 

Are you ready for next year?

Luck, it is said, is something you make yourself. This assumes that you have the foresight and astuteness to recognize opportunity and be in position to capitalize on it. According to the National Association for Business Economics (NABE), next year could turn in the strongest economic performance in 10 years.

Could the Boston food market be replaced by Olympic rings?

Currently, the site is unimpressive. Low industrial buildings, with trucks and trailers parked all around. It seems unlikely to be viewed as a "prime location," until you step back and recognize the New Boston Food Market occupies an extremely valuable piece of Boston real estate.

Legal support and prenups: critical tools for marriage

People make plans every day so that we can be prepared. From what to do this weekend to how we will fund our retirement, making plans can be all but unavoidable. But there are some plans that people fail to make because the subject can be complicated or uncomfortable. 

Should you review your estate plan after getting a divorce?

As most people will tell you, going through a divorce gives you a lot of things to think about. How will we divide our assets? Who will get the family home? Will one of us have sole custody or will we share custody of the children? Should I ask for alimony?

Tips for responding to a foreclosure notice

Although a lender may have a legal right to collect on its secured interest, many equitable considerations also come into play what the property at issue is a principal residence. For that reason, state lawmakers have codified the procedures for foreclosure and redemption of mortgages in Massachusetts. For both buyers and sellers, it is important to consult with a real estate attorney to plan for this contingency. 

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Burnside Building
Worcester, MA 01608

Phone: 508-471-3018
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Westborough Office
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Phone: 508-709-0024
Westborough Law Office