Premarital Asset Not Divided
Premarital Asset Not Divided– In a case involving a 16 year marriage, the Appeals Court upheld a Probate Court judgment that awarded an equal division of assets but permitted the husband to retain a premarital gift worth $600,000 on the date of their marriage (but not the appreciation of that asset which the court divided ...
Continue ReadingImputed Income
Imputed Income – The Appeals Court affirmed a divorce judgment in which an annual income of $120,000 was imputed, or attributed, to the wife, finding that she could earn such income “with reasonable effort.” The wife in this case had a history of earning a salary in that range and her underemployment was a result ...
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