For divorcing couples to make the news, the parties involved are typically well known celebrities. Massachusetts residents may follow divorce stories because there may be an outrageous seeming element, such as excessive property to be divided or high tension between the separating couple. Though people may find such situations intriguing because they are privy to a process they are not involved in, high profile divorces can provide relatable information for those who are contemplating or going through divorce.
Though not all couples go through the process of creating a prenuptial agreement, there are couples -- sometimes those on second marriages -- who believe these types of arrangements could be beneficial. Many high profile couples with significant income or asset value have made prenuptial agreements in the event that their marriage does not work out. Though couples who make significantly less income than celebrities may not have several houses or high net worth to protect, prenuptial agreements could still be beneficial for couples as they can possibly make the property division process in the event of a divorce easier.
Property division can be one of the areas of separation that causes a great deal of tension. Questions can arise as to what constitutes as marital property and what claim each party may have on such property. Division proceedings do not typically leave each party with an even share of the assets, and much depends on the type of property involved. Investments and business ownership can add a more complicated element to property division, and the more complicated a situation seems, the more beneficial having information regarding such situations can be.
All divorce situations are unique, but couples can learn from the situations of others, even if they are high profile situations. There are common elements that can thread through many different cases, so while some people may not wish to keep up with celebrity divorce, following proceedings can offer some valuable information. However, laws and processes can vary from area to area so it is important for residents who may be moving toward divorce to look into Massachusetts divorce laws as they proceed.
Source: The New York Times, "From a Prominent Divorce in the Affluent Class, Lessons for All," Paul Sullivan, Aug. 9, 2013