Yes. Couples can choose to keep a property together even after a divorce. Co-owning a house after a divorce may make sense for some couples who want to try nesting or birdnesting. It can also make sense to keep a property together if: You are underwater on your...
Divorce
Inheritance complications in New York high-asset divorces
When your marriage ends, you may find the division of assets becoming a contentious issue. Questions about how to treat inheritances in divorce proceedings often arise. Although the law may seem straightforward at first, there are nuances that can significantly impact...
How do people find hidden assets while preparing for divorce?
Those preparing for divorce often have a lot of concerns to address. They worry about their living circumstances and their relationships as well as their finances. Many people fear the stress and conflict of divorce proceedings and may try to rush through the process....
What assets are often difficult to split during divorce?
In theory, divorce is a straightforward process that follows specific rules based on state law. Still, each step can become complex quickly, considering the circumstances of the involved parties. If you and your former spouse are on good terms, sorting out these...
Real estate provisions to include in your postnuptial agreement
Postnuptial agreements are crucial in protecting valuable assets during a divorce or the death of a partner. Real estate, in particular, can take up a substantial part of the marital estate. If you and your partner manage multiple high-value properties, mortgages and...
Avoiding common divorce pitfalls
Divorce can be a challenging and emotional process. It is essential to approach it with a clear and open mind. Doing so may help you avoid common mistakes that could complicate your situation. The following are common mistakes people make in the divorce process and...
What are the grounds for divorce in New York?
Divorce is never a pleasant experience. In New York, a person can file for divorce on several grounds. As of a 2010 law, New York is a “no-fault” divorce state, which means the state can grant the divorce because the relationship between the parties has broken down...
What is the difference between marital and separate properties?
During a divorce, you and your former spouse will decide on how you want to divide your marital properties. If you cannot agree, a court will intervene and determine which assets are separate and marital properties. Marital possessions are the property and cash you...
How your emotions can affect your legal divorce process
One’s emotional journey during a divorce can significantly impact the legal process, influencing decisions, negotiations and overall outcomes. As such, understanding how emotions intersect with legal proceedings is important for navigating this challenging period...
The advantages of shared parenting
Shared parenting is when parents work together to raise their children following a divorce. This means that both parents share the care and support for the children as equally as possible. This arrangement can benefit the children as they have both parents present in...