David M. Gabriel & Associates
Toll Free 866-759-7681
Local 978-712-4825
Local 978-998-6830

May 2015 Archives

High net worth divorces present unique challenges

A divorce is often stressful enough by itself even before the spouses begin to sort through which assets should go to whom. The longer a couple has been together, the more challenging the question of asset distribution can become; and when the spouses have participated in activities like running a family business, a high-asset divorce can become quite contentious.

Why you should consider a prenuptial agreement

Prenuptial agreements can be very helpful, particularly in high asset divorces. Most people think of a prenuptial agreement as a way for a spouse to protect his or her assets. While this is certainly one reason to use them, prenuptial agreements have a lot of other important and practical uses.

State lawmakers consider fathers' rights in new divorce changes

Most people think of divorce as a contentious process between two people who really don't like each other anymore. In this stereotypical situation, each spouse wants everything: all the money (and none of the debt), the family home, and, of course, the kids. And in the midst of all the arguing, what is really in the best interest of the child is buried among arguments about assets and hurt feelings.

Case brings attention to embryo rights

An ongoing case regarding rights over pre-frozen embryos may be of interest to couples in Massachusetts. The Illinois case concerns a former couple who were fighting over ownership of the frozen pre-embryos. There is no federal law governing embryo rights, and state laws vary. Under Tennessee law, former partners can stop an embryo from being implanted if their former partners have other options for having children. Under Iowa law, both the man and the woman involved have to sign consent forms for embryos to be planted or discarded. In New York, the courts used a contract signed at a fertility clinic as the basis for its decision.