Same-sex marriage has been increasing not only in New York but also across the country ever since it was legalized by a Supreme Court ruling. With that being said, same-sex divorces have also been increasing. There are some hurdles that same-sex couples face in the...
Serving Rome, New York residents with legal issues
Michael G. Putter, Attorney at Law
Tips for choosing beneficiaries of your pension
For those of you who work in professions that offer pensions for your retirement, you need to know the best ways to choose beneficiaries. Each person will make different choices. Some of those choices could be detrimental to your estate. Here are some important tips...
Flashy weddings could be reason for increased risk of divorce
Believe it or not, the more lavish your wedding is, the more the risk increases of you potentially getting a divorce. If you are reading this and have not yet walked down the aisle, be sure to think twice about all of those extraordinary plans you have in the works....
Money management tips for separated couples
Finding out that your spouse wants to separate from you is never easy. Even if your marriage has taken a bad turn lately, you are just never prepared for something like this. Separation doesn't always lead to divorce, but it very likely could be the start of the...
QDROs and the importance of a retirement plan administrator
Employer-provided retirement plans are very important assets, and in a divorce proceeding, their importance rises to a whole new level. Certain retirement fund benefits may have one or more beneficiaries, but Qualified Domestic Relations Orders, or QDROs, must first...
Gray divorce causing women to change financial habits
Gray divorce is the name for people who get divorced at age 50 or older. It has become a very common group in the divorce category, doubling in size since 1990. The rate of divorce in 1990 for couples with at least one person age 50 or older was just one in every 10....
Protect your assets in divorce with these tips
Once you've been told by your spouse that it's time for a divorce, you need to begin planning immediately. Don't waste a single minute. It's likely your spouse has been planning for this day for quite some time; he or she just hadn't mentioned it yet. You are now...
How to leave your pension to a loved one
A pension is an important financial asset that you have earned from your years of hard work. You can use the pension during your retirement to go on vacation, pay bills, put a down payment on a new home, buy a car and however else you wish to spend it. It is your...
Should you sign a postnuptial agreement?
Most Oneida residents probably know what prenuptial agreements are, along with the reasons for drafting them. Far fewer will likely have heard of postnuptial agreements or the various reasons couples may benefit from signing them. Could signing a postnup strengthen...
3 tips for protecting your retirement savings during divorce
As your marriage fades away, you do not need to let your retirement savings to go with it. You probably have concerns about your spouse getting a huge chunk of your retirement savings. The thought of watching your 401(k) or IRA go down the drain may be just as...
