If you're getting divorced when you're close to standard retirement age, your instinct may be to give up other financial assets in order to keep your house. You are trying to limit the amount of change in your life. Your marriage may end, but at least you'll know you...
Serving Rome, New York residents with legal issues
Michael G. Putter, Attorney at Law
Can you find your spouse’s hidden assets?
You and your spouse decide to get divorced. You know that assets should get divided between the two of you, but you worry that your spouse may try to hide them from you. Can you find them? What do you need to do to make sure you really get a fair share? One great...
Moving forward after divorce: What next?
When your spouse asks you for a divorce, you find yourself unsure how to think about your life. All you ever planned for was a marriage. This was the life you imagined. If you're not going to have it, what are you supposed to do to move forward? What comes next? First...
Equitable distribution alternatives to the Majauskas formula
When you navigate your way through a New York divorce, determining how you and your one-time partner plan to split your shared assets is one of the most important matters to address. Aside from your shared home, pension benefits you or your spouse earned over the...
Divorce rate falling with millennials
People often talk about the changes brought on by the next generation, some of which are very unexpected. One prime example comes from a recent study that found that the divorce rate in the United States, which jumped quickly as divorce became less taboo in the past...
Does getting remarried impact a divided pension?
Your spouse worked for 30 years to build up a pension, and you were married for 15 years of that employment. When you got divorced, you got a qualified domestic relations order (QDRO) saying that you got 50 percent of your spouse's pension for that 15 years. In total,...
Becoming a workaholic can lead to divorce
In modern American culture, people often think it is healthy and even commendable to become a workaholic. Putting in extra hours is seen as dedication. People brag about how much they work and how much they're getting done. While there is nothing wrong with being...
How do I handle issues with parenting time?
Parenting time is one of the most contentious discussions people can have during a separation, divorce or battle for child custody. Even when a child custody agreement is in place, some parents will take it upon themselves to do whatever they please. Today, we will...
A 401(K) is not always split down the middle in a divorce
New York is an equitable division state, which means that in a divorce, assets are not necessarily split 50-50. The judge will decide on a division that is deemed fair for both parties. Retirement accounts are always among the more important assets, and a 401(k) is...
Protecting a pension using a prenuptial or postnuptial agreement
If you are planning to get married in New York, you need to think about how you will protect every asset you bring into the marriage. Even if you believe the marriage could never end in divorce, it's still a good idea to have a plan in place to protect yourself should...
