For many people facing the asset division process in divorce, the first and primary focus is on the biggest assets shared between spouses. The marital home, large investment accounts and retirement funds are all frequent sources of contention. While getting a fair...
Questions to ask before seeking the family home
You have the right to seek possession of the family home as part of a final divorce settlement. However, it is important to make sure that you can afford mortgage payments and maintenance costs on a single income. Let's take a look at some questions that you should...
Managing finances during a divorce
The financial challenges involved with divorce are often some of the most difficult to deal with for people in New York who decide to end their marriage. From disentangling complex marital assets to attempting to make a new start with solo finances, dealing with...
Tax factors to consider during divorce
New York estranged couples should be prepared for how their taxes will be affected once their divorce is finalized. Understanding the impact it can have on their tax situation can help them avoid agreeing to divorce settlement terms that can cost them in the future....
Tech industry can spark challenging high-asset divorces
Divorcing spouses in New York may find the end of their marriages to be a challenging time in both personal and practical contexts. Ending the emotional involvement of a marriage after a long, intense relationship can be particularly difficult, and these challenges...
Separating finances in a divorce
Couples in New York who are getting a divorce might need to separate their finances. This may require cooperation with a spouse. For accounts that are in both names, if one spouse falls behind on the bill, the other spouse's credit may be hurt. The first step is to...