In Massachusetts, homeowners are offered a significant protective measure against certain types of creditors through the filing of a Declaration of Homestead. Massachusetts real estate law recognizes this declaration as a way to safeguard the equity in your primary residence. Benefits of a Homestead The Declaration of Homestead in Massachusetts protects up to $500,000 of […]
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Understanding the Role of a Corporate Lawyer in Mergers and Acquisitions
In the business world, mergers and acquisitions (M&A) play a pivotal role in shaping the growth and success of companies. However, navigating the complexities of M&A transactions requires expertise and guidance from seasoned professionals. Our Massachusetts business law attorneys are dedicated to providing insightful assistance in M&A activities. As a small business owner or as […]
Donate Warm Winter Coats For Children At Phillips, Gerstein & Channen LLP!
Winter coats needed to fulfill one mission: “Anyone who needs a coat, will have one.” In hard economic times and looming cold weather, a warm coat isn’t a luxury… it is a necessity. In every community, there are thousands of children and adults who may otherwise not have access to warm winter coat this […]
Choosing the Right Business Structure in Massachusetts: An Essential Guide by Massachusetts Business Law Lawyers
In the vibrant landscape of Massachusetts, where innovation and entrepreneurship thrive, choosing the right business structure is a crucial decision that can significantly impact the trajectory of your venture. As experienced business law lawyers in the Commonwealth, we understand the complexities involved in this process. In this guide, we will provide you with an overview […]
Domestic Violence and Divorce: Legal Protection and Resources in Massachusetts
Domestic violence is a deeply troubling and prevalent issue that can have severe consequences for individuals and families. When domestic violence occurs within a marriage, it often leads to a breakdown of trust and emotional well-being, ultimately culminating in the decision to pursue a divorce. If you find yourself in such a situation in Massachusetts, […]
Fiduciary Fraud 101
Fiduciary Fraud: An Abuse of Trust Our legal system appoints fiduciaries to ensure the interests of those who cannot act on their own behalf are represented. When this trust is violated, the consequences can have tremendous financial and legal implications. In this article, we will review what a fiduciary is, how a fiduciary can commit […]
The Risks and Rewards of Sole Proprietorship: Why You Need a Trusted Lawyer Even If You Do Not Incorporate
The Golden Age of DIY We live in a golden age of DIY. Thousands of video tutorials can teach you any skill. If you are looking to learn in a more structured way, you can select an online degree from a dizzying array of choices. The dream of being your own boss has, for so […]
Understand the Difference Between Alimony and Child Support
While every divorce is as different as every marriage, one thing is for sure—when getting divorced, you will be taking a deep dive into your marital finances. In addition to valuing assets and debts, determining the value of property and retirement benefits, you will also learn if one spouse will be entitled to financial support. […]
The Truth About Prenuptial Agreements And Who Should Have One
You may have recently entered a new relationship status—fiancée. However, the last thing on many new couples’ minds is a prenup. Couples often wonder if they need a prenuptial agreement. While some couples view a prenup as an exit strategy to a quick divorce, others view it as an insurance policy. Think of it this […]
Who is responsible for paying debt after a divorce in Massachusetts?
When couples decide to divorce, they understand the assets accumulated throughout the marriage will need to be divided. Generally, both parties seek homeownership and other real estate holdings, high-value assets, and child custody during this process. However, when it comes to debt, couples are usually slow to take responsibility. No matter who is responsible for […]