Michael G. Putter Attorney at Law
Experienced Family Law Counsel For Rome, New York, And The Mohawk Valley
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September 2019 Archives

For women, financial education is key to a successful divorce

In some marriages, the wife isn't very familiar with the finances. One thing that all women should know is the status of retirement accounts. Even though you might think that your marriage will last forever, there is a chance that it won't. The retirement accounts are often a major source of contention during a divorce.

Stay-at-home spouse? Alimony should be a prenup term

Going into a marriage, some people know that one person will remain at home to care for the house and children while the other works. This can benefit the family, but it can also be a difficult thing to handle if the marriage fails. Instead of having to worry about what would happen in that instance, you can establish the plan in a prenuptial agreement before you ever get married.

Remember that debts are divided in divorce

The financial changes that come with divorce are often challenging to handle. As part of the property division process, you and your ex will divide assets, but you will also have to split up the debts. This means that you will have to budget for your own set of household bills while also taking on some other payments. You need to plan carefully so you can ensure everything is going to get paid.

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