If you’re struggling to pay off credit card debt after a Massachusetts divorce, you’re definitely not alone. A recent report from Lending Tree showed that Americans owed a collective $925 billion on their credit cards at last count, and the average unpaid balance per...
Divorce
Life Insurance to Protect Your Massachusetts Loved Ones
When it comes to protecting your Massachusetts loved ones in case of an unexpected death, choosing the right life insurance policy is crucial. While employer-provided life insurance can be a convenient option, there may be better choices for your specific needs....
Selling a House During Divorce in Massachusetts
Sometimes things don't work out as you had hoped. Everyone experiences it. In life, things happen, and they aren't always pleasant. Going through a Massachusetts divorce and selling the marital home is one of them. You'll have a lot on your mind when going through a...
There’s More to Determining Filing Status For Massachusetts Taxpayers
Some Massachusetts taxpayers are eligible for more than one filing status. As they get ready for the upcoming filing season, taxpayers should carefully review their options to pick the filing status that makes the most sense for them. Those who are only eligible for...
Never Trust Zillow Estimates or Zestimates for Massachusetts Home Values
Are you planning on buying or selling a home in Massachusetts? If so, it is vital to understand a home's market value. Whether setting the price of your home or putting in an offer, the current fair market is essential. Many websites offer estimates of home values,...
6 Types of Narcissist Behavior Found in Massachusetts Spouses
"Narcissism" has become a major buzzword to describe people who care too much about themselves, but there's a lot more to it than that. Narcissistic behavior can be almost hidden in some cases, and much more obvious in others. There are multiple subtypes of narcissism...
8 Ugly Financial Truths About Getting Divorced in Massachusetts
Chances are, you have lots of feelings about the end of your Massachusetts marriage -- including what it will do to your finances. Of course, that's just the beginning, as the financial implications of your divorce can easily live on for years to come -- maybe even...
Massachusetts Divorced Women Retire Earlier Than Married Women
Massachusetts married women may want to make sure they consider the possibility of unplanned singlehood when it comes to retirement preparations. Among women retirees, 51% of those who are divorced or widowed stepped away from the workforce earlier than planned,...
Is Alimony in Massachusetts Taxable?
When you're thinking about filing taxes after a divorce, you may want to know how your taxes will change. The federal tax impacts of divorce aren't as large as they used to be. Each state has its own state income tax laws. How divorce-related payments and income are...
IRS Tax Tip: Is Your Pastime a Hobby or a Business
From collecting stamps and woodworking to crafting and quilting, people have all kinds of hobbies – and most of these hobbies will never turn a profit. For hobbies that do earn income, people should know that they must report it on their tax return. They should also...