Divorce is a difficult time for couples, children and their families. Depending on the age and specific circumstances of the divorce, children can take the divorce harder than anyone else. Thinking about how to manage parenting during and after the divorce is...
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Asset division in a grey divorce in New York
Grey divorces in New York are quite complicated to navigate, given the years of marriage and what you have built together. It gets trickier when dividing your property, especially when working out which is separate and marital, and the fairest way of separating them....
Making a co-parenting plan work
New York residents who co-parent know that it is not as simple as it sounds. With emotions running high and communication not always up to par, there are plenty of opportunities for pitfalls. However, there are ways to make co-parenting plans involving child custody...
What to include in a prenuptial agreement in New York
Premarital agreements are crucial in New York, especially with the United States's divorce rate being what it is. A prenup doesn't mean that you anticipate the end of your marriage; rather, it protects you during the marriage and if, unfortunately, your union happens...
Modifying spousal support payments
Every divorce is different. Sometimes the financial situation of one or both parties changes after their marriage has ended. This can mean that one party can no longer make their scheduled support payments, or it may mean that one party no longer needs them. Modifying...
Properly dividing IRAs in divorce cases
Married couples in New York who have individual retirement accounts may be required to divide them with their spouses when they get divorced. People who are entitled to receive a portion of their spouses' IRAs will need to make sure they are transferred correctly to...
Important considerations when dividing assets in a divorce
When couples decide to end their marriages in New York after years of marriage, they might have accumulated substantial assets. People going through high-net-worth divorces will need to consider many different types of assets beyond the traditional division of their...
What exactly is a collaborative divorce?
New York couples who are thinking of ending their marriages should consider a collaborative divorce. This type of divorce allows the couple to come up with a settlement outside of court. It turns out that a collaborative divorce can be much cheaper, quicker, and...
What female business owners need to know about divorce
New York female business owners have a lot at stake when it comes to undergoing a divorce. If you've been thinking of filing for divorce but putting it off because you're not sure what's going to happen to your business, it's time to face your fear. By understanding...
How to receive your assets with a QDRO
A QDRO or qualified domestic relations order gives a former spouse access to retirement plan interest in a divorce. Interest in a retirement plan can not be administered to someone other than the plan participant without a court-ordered QDRO. This may require...