In a divorce, retirement accounts are often some of the largest assets. When one of the spouses has a pension, that pension may be included as a marital asset that must be divided equitably between the parties. In New York, the courts typically use the Majauskas...
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Month: March 2021
What to know about postnuptial agreements
There are many potential benefits to negotiating a prenuptial agreement regardless of how wealthy you are prior to getting married. However, if you aren't able to come to terms to such an agreement, it may be possible to craft a similar arrangement after the wedding...
How to divide retirement accounts in a divorce
In the state of New York, joint assets are divided in an equitable fashion when a marriage is dissolved. In most cases, a retirement account will be considered a joint asset even if your spouse's name was not on it. Let's take a look at what you need to know about...
Shared custody can negatively impact children
A concern for New York parents who get divorced is how to continue raising their children in a loving, supportive manner. They worry about their children’s reactions when the parents are no longer living together. One of the options that has been viewed as a positive,...