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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...
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...
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...
Multiple real estate properties can add layers of complexity to an already nuanced divorce. In the state of New York, couples facing such a situation need to carefully consider various factors. New York follows the principle of equitable distribution, which does not...
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...
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...
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...
Couples in New York often have to make careful choices about how they hold their wealth. Simply putting funds in a savings account won't maximize returns. It is common for people to diversify their assets by maintaining an investment portfolio, buying real estate and...
You ask your spouse for a divorce and the court orders your spouse to pay alimony. The reasoning is that you haven’t worked in years and it’s going to take time to re-enter the workforce, along with the fact that your ex is wealthy and you expected them to support you...
One of the most difficult parts of divorce is the practical process of separating your life from your spouse's life. You have probably shared everything, from bedrooms to bank accounts, for years. You have to divide your belongings with one another as you negotiate...