WORCESTER 508-471-3018
Metro West 508-709-0024

Finances critical area of focus during divorce

In addition to having an emotional impact, the process of getting divorced can also have a major financial one. This is true whether a couple decides to head to divorce court to have a judge handle their issues or tries mediation or another form of alternative dispute resolution. A couple of tips may help those getting divorced to make positive financial decisions in Massachusetts.

First, for those who have children, setting up a trust may be beneficial. With trusts, parents can control when their children inherit their assets. Without a trust, the children may inherit these assets at age 18, even if they may not be mature enough to handle them at that age.

In addition, a parent who is receiving child support might benefit from creating a relatively large emergency fund. On average, just half of child support actually ends up being paid, and those who actually do pay might not necessarily pay the full amount owed. Being prepared for lapses in child support payments may be expedient. Furthermore, coming up with a plan for paying down or eliminating debt may help to free up money to cover unexpected financial shortfalls.

Divorce can understandably be complicated no matter what length of time a couple has been married, as untangling emotions and finances is never easy. However, an attorney in Massachusetts can help with making informed decisions regarding how to tackle matters such as asset division and child support. The attorney will focus on achieving the best possible outcome for the client outcome given the particular circumstances involved.

Source:, "Finance 101: Divorce?", John Kageleiry, Aug. 21, 2017

No Comments

Leave a comment
Comment Information
Email Our Team

Contact Us Today To Learn More

The skilled attorneys at SederLaw stand ready to handle even your most difficult legal issues. Turn to us for skilled representation to help you accomplish your legal goals.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

An Impressive Track Record
Of Achievement In The Law


Worcester Office
339 Main Street
Suite 300
Burnside Building
Worcester, MA 01608

Phone: 508-709-0024
Phone: 508-471-3018
Fax: 508-831-0955
Map & Directions

Metro West Office
1900 West Park Drive
Suite 280
Westborough, MA 01581

Phone: 508-471-3018
Fax: 508-831-0955
Map & Directions