Have you inherited a home or heirloom from your family and wondering how to protect what is yours in the event you and your spouse decide to divorce in Massachusetts? What is considered separate versus marital property when determining property division in a divorce can vary depending on the circumstances unique to your situation. However, there are steps you can take to improve your outcome in the event of a divorce.
First and foremost, you should consider a prenuptial or postnuptial agreement to help shield your assets such as money, an inherited business or property. While not ironclad, prenuptials can declare what inheritances or gifts each spouse agrees to surrender rights to in the event of divorce.
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Taking care of your financial future is important. Taking steps now to safeguard your inheritance may help you in the event of divorce. If you or a family member have questions regarding property division divorce law in Massachusetts and want to get more information on how to safeguard your inheritance, contact the Law Offices of Renee Lazar by email or telephone 978-844-4095.