A marital estate in a divorce in Mansfield, MA that is subject to division by the court consists of all the assets and debts from the marriage. The marital estate in Mansfield, MA, is anything you have or anything you owe. These assets and debts may or may not get divided 50-50 depending on how the asset was treated. All of this gets considered by the court when trying to reach a fair and equitable settlement. If the Judge has to rule, this is called a fair and equitable judgment in Massachusetts.
Sometimes inheritances become an issue. Judges treat inheritances differently. That being said, one of the factors Judges look at is whether or not the inheritance was actually received during the marriage in Mansfiel, . Also how they treated the inheritance during the marriage matters. For instance, if you inherited $50,000 from your aunt a year after you’re married and then you bought your first house with it and then you rolled that over into your second house and it’s now 20 years later, you have much less of a chance of getting that money back, than if you received the $50,000 inheritance from your aunt a year after you separated and just as you filed for divorce. That’s why the treatment of inheritance is pretty factually dependent. Here are some other factors, there are basically 18, the court relies on in dividing a marital estate: the length of the marriage, the age of the parties, their health, their occupation, station in life, how the money got into the estate, preservation of the estate, who was the spender and who was not, etc. We will thoroughly go through all 18 factors when we are meeting to discuss the division of assets.