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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...
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 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...
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...
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...
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....
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...
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...
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...
Paving the way for a sound financial future is a priority when you divorce. Yet there is more to it than deciding who gets which assets and what if any payments one of you must make to the other. Here are two areas you must not forget: Any outstanding debts You have...