When going through a divorce, you might have questions regarding the division of your assets, including real estate, vehicles, and retirement accounts. How property gets distributed in your divorce settlement can significantly impact your future. Knowing how a judge...
property division
How separate and marital property impacts property division
A divorce means that you will have to divide your assets. Often, judges will dictate what you can keep and what your spouse can have. In New York, judges use equitable distribution for property division. Before you divide your property, it is crucial to understand...
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...
Emotional issues related to property division
When people think of the emotional impact of the divorce process, they likely often think about kids or someone struggling to adjust to their new life without their former partner. People can become very upset during and after their divorce, whether they are angry at...
In your divorce, have you considered your online accounts?
There is a great deal to be decided in a divorce, from property division to child custody and support. While you’re working toward a resolution, have you considered how you’ll divide your social media and entertainment accounts? It may seem like a trivial concern...
How is property divided in New York divorces?
When a couple acquires property or assets during a marriage, they are rarely thinking about what would happen to it if the marriage does not work out. Unfortunately, about 50 percent of marriages end in divorce, which is why it is important to understand how the...
Grounds to invalidate a prenuptial agreement
While the benefits of prenuptial or postnuptial agreements are immense when it comes to property division and debt distribution during a divorce, the document is of no value if it is not legally enforceable. Like all contracts, certain legalities must be completed so...
Marital agreements outlining property division can ease divorce
Though the benefits of signing a prenuptial agreement far outweigh the cons of it, many New York residents are still not prepared to enter into such an emotionally charged conversation right before tying the knot. They also believe that talking about divorce might...
On what date are assets valued on for property division?
Dividing property during a divorce is often so complicated that disputes around it can turn am amicable divorce into a acrimonious one. Decisions such as 'who gets to keep the house' and 'who gets the stock portfolio' are important ones that can lead to hours of...
How is property divided when a couple in New York divorces?
The division of assets is something that all divorcing couples in New York must address, which is why it is useful to understand. Knowing how property is divided in New York can help couples going through the divorce process negotiate a fair settlement agreement....