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Massachusetts is an equitable division state. This means that all property, whenever and however acquired, may be subject to division as well as utilized for support in a divorce case. If you are an owner or a shareholder in...more
Facts & Law:
A. Income taxes must be assessed within 3 years of the later of the date the return is filed or the due date of the return.
B. However, the assessment period remains open indefinitely “in the...more
The trustee's primary allegiance is to the beneficiary, not to the non-beneficiary spouse or ex-spouse, unless the express terms of the trust provide otherwise. Thus, when there is marital discord, the trustee must suppress...more
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