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A Massachusetts marital settlement agreement, which is legally termed as a “marital separation agreement,” allows two (2) divorcing spouses to enter into an arrangement regarding the terms of their divorce and is often drafted with the assistance of professional attorneys. The document covers the division of property, assets, liabilities, child custody, and if applicable, the…

Massachusetts corporate bylaws are provisions created by the directors or incorporators of a corporation that structure the entity’s internal management and day-to-day business operations. Critical elements of the corporate bylaws include the rights and voting power of shareholders, types of stock issued, policies for scheduling meetings, the appointment of officers, and the manner in which bylaws…

A Massachusetts advance directive is a document that allows a person to select an agent to carry out their health care wishes in case they become unable to speak or advocate for themselves. The document outlines a person’s medical preferences in the event they become permanently incapacitated. After completing, the form needs to be signed…

A Massachusetts land contract records the terms in a purchase and sale agreement between two parties for undeveloped land. The document contains everything from the agreed-upon purchase price to the legal descriptors of the land/lot as they appear on the deed. Both parties can negotiate terms until reaching a final accord, at which point they…

A Massachusetts non-solicitation agreement is made between an employer and employee to establish rules around soliciting clients, customers, contractors, and fellow employees after the employee has stopped working for the employer. They usually establish a specific time period, geographic area, and list of services that the agreement applies to. They can be included in employment…

A Massachusetts partnership agreement is a legally binding contract that lays out a management partnership’s structure. It commonly specifies dispute resolution, liabilities, duration, dissolution, and ownership interests. The content needs to be as comprehensive as possible to curtail future misunderstandings. Partnership Types General Partnerships (GP) – Title 15, Chapter 108A (§§ 1-49) Limited Partnership (LP)…

A Massachusetts postnuptial agreement is a contract between spouses used to determine what will happen to mutually owned property in the event their marriage ends in divorce or death. Like prenuptial agreements (prenups), postnuptial agreements supersede the traditional property division rules during a divorce proceeding and can be valuable estate planning tools. Unlike prenuptial agreements, which…

A Massachusetts separation agreement is a contract between spouses who no longer wish to live together as a married couple. The term “separation agreement” in Massachusetts law has a different meaning than in other states, where it is an alternative to divorce; in Massachusetts, a “separation agreement” typically refers to an agreement prepared by a…