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December 2017 Archives

Cryptocurrencies may complicate property division in divorce

New York residents who are approaching or going through divorce often have questions about how property is divided. The property division process is one of the most important parts of a divorce, and it can be difficult with certain types of assets. Indeed, during the period prior to divorce, individuals often have time to hide assets. As Bitcoin grows in the public consciousness, cryptocurrency issues are becoming more prominent in divorce.

How to identify parental alienation

If parents in New York are divorcing someone who has been diagnosed with a personality disorder, particularly of the narcissistic or borderline type, they may want to be alert for signs of parental alienation. This happens when one parent influences a child and turns the child against the other parent. Alienation can be disruptive to family life and create psychological problems for the child.

How refinancing can be useful following a divorce

When a couple in New York gets a divorce, they might need to divide a home. This may involve refinancing for a number of reasons. For example, refinancing could be necessary to remove the moving spouse from the mortgage. Otherwise, that spouse might continue to be held legally responsible for the mortgage, and if the other spouse does not pay, it could affect that person's credit rating.

Divorce and separating credit

One of the many aspects of their lives that New York couples have to separate when getting a divorce is their credit. However, there are steps they can take to untangle their credit from that of their spouse and start their new life with no credit issues.

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Trotto Law Firm, P.C.
140 Allens Creek, Suite 3
Rochester, NY 14618

Phone: 585-484-9970
Phone: 1-585-453-0040
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