Massachusetts couples who own a family business together but are ending their marital or personal relationship have many important options to consider when it comes to what they want to do with the business moving forward. This decision can have a huge financial impact on all parties involved.
Back child support can rack up interest quickly
Springfield, Massachusetts, residents probably already realize that not paying child support can lead to some significant penalties. One of the penalties is that the person who is behind in payments may get assessed interest on the delinquent amount of support, as well as incur a penalty fee. These penalties specifically apply when the Massachusetts Department of Revenue is collecting child support. However, a parent who is trying to collect support directly from the other parent can also request interest, among other penalties.
Helping Springfield business owners through a difficult time
People in Springfield, Massachusetts, probably do not have to be told that divorce is a hard process to go through emotionally and financially. For that matter, even a separation that for whatever reason does not involve a formal divorce can be hard.
Child custody and relocation laws in Massachusetts
Like other states, Massachusetts has special rules when a parent with custody over his or her child wishes to move to another state. Particularly since states in this part of the country are smaller, it is highly possible a parent may have very good reasons for wanting to make a move. For instance, he may have a better job opportunity in a nearby state, or he may want to make a move in order to be closer to relatives.
