Aside from assets, the divorce process also divides liabilities between parties. Ideally, each party can move on after the divorce. So, what can you do if a debt collector comes knocking on your door for your former spouse's debt? Unfortunately, divorce might not...
Divorce
Gray divorces continue their growth
Once considered taboo, divorce came to prominence in the 1970s, with attitudes changing about ending marriages. At first, marital dissolutions were largely reserved for thirty and forty-something couples. Several years ago, the divorce dynamic added a new demographic....
Is your spouse trying to hide assets?
Property division is one of the most crucial components of any divorce. Ideally, spouses will come to an agreement early on in the process in order for all parties to walk away with a fair settlement. Sometimes, couples may have signed a prenuptial agreement that...
Reviewing the rise in gray divorces
If you are thinking about ending your marriage as an older adult, it is essential to understand that many others find themselves in your position. In fact, there has been an increase in the number of gray divorces in recent years as more older adults have chosen to...
Dividing retirement accounts in a New York divorce
Dividing assets is one of the most common causes of conflict during a divorce. Retirement accounts are often among the most substantial assets to be divided, but the regulations surrounding how this is done can be complex and require the use of a very specific...
Four avoidable divorce mistakes
A divorce is something no one ever wants to go through. The stress and uncertainty surrounding the process can cause divorcing spouses to act out of character and make regrettable decisions. By staying calm, however, and focusing on what’s most important, divorcing...
How to communicate effectively as a coparent
Effective communication is the foundation of every healthy co-parenting relationship. Though building this type of relationship may be second nature for some, it can be quite difficult for parents with a conflict-filled past. Having an understanding of the three main...
How are assets divided in a New York divorce?
Before beginning the divorce process, it’s essential for spouses to understand what property is at stake and how their assets will be divided. New York is an equitable distribution state, meaning all marital property will be split fairly but not necessarily equally....
Tips on using social media during and after divorce
Using social media and posting about major life events has become a daily habit for many people. However, divorcing spouses may want to fight that urge. During a divorce, it’s essential to be careful when using social media sites, as anything posted online can...
Why divorcing spouses need to update their estate plan
If you’re getting divorced, it is important to review your estate plan right away. In all likelihood, your ex played a prominent role in the plan, as a beneficiary and perhaps also as your health care proxy. Change is in order and the time to act is now. What happens...