If you purchased the maximum amount of a home that a lender will finance for you, that could mean that 30% of your income every month goes directly to your home. You could accrue substantial equity over the years, making your home the single biggest asset that you...
Month: May 2020
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Why 61% of divorced women wish they hired financial advisers
Your financial future may look quite different than you thought it would when you make the decision to divorce, and you may need to explore new methods of achieving your financial goals. Many women facing similar circumstances have defined financial goals they want to...
How does equitable distribution work?
In New York, the prevailing rule regarding property division in a divorce is equitable distribution. Most states follow this guideline, but some states use community property rules. Equitable distribution means the court fairly divides the assets. The fair division of...