Serving Rome, New York residents with legal issues
Divorcing couples in New York often struggle to decide what happens to their shared home. Spouses worry about sudden eviction or losing their largest financial investment when dividing assets. To decide who keeps the marital home, you must understand both temporary...
Finding out that your spouse’s secret habits or reckless spending drained the marital funds can feel like a betrayal. After all, you have worked hard saving money, only to find out that you cannot use it. In New York, this is more than a moral issue. Your spouse may...
Spouses preparing for divorce have to address their joint financial matters. Married couples usually share their income and assets. They also assume joint responsibility for debts. Choosing how to divide financial obligations and split up shared property is often one...
When you get married, you likely do not expect to split your shared digital music and photo collections. Still, in today's divorces, these digital assets are becoming more important. Knowing how to identify, value and divide them is essential for a fair divorce...
Some divorce scenarios are more challenging than others. When couples stay married for longer and share more property with each other, they may have a difficult time separating their finances when they divorce. Particularly when assets have a strong association with...
During a divorce, couples need to split up the assets that they own. Many of these are obvious from the beginning of the process and will never be forgotten. Examples include a family home, a family car, a shared bank account or other things of this nature. This is...
One of the most complex things that people going through a divorce have to do is take care of property division. This effort may become particularly challenging when a couple has considerable assets and debts that need to be addressed. It’s critical for anyone in this...
Social stigma about prenuptial agreements was once quite common. People judged those who requested prenuptial agreements, often by assuming they did not intend to fully commit to their marital relationship. Thankfully, that practice has changed in recent years....
New York is an equitable distribution state, which means that during divorce litigation, property acquired during the marriage is typically considered marital property and subject to equitable distribution between the spouses. However, separate property may be...
Someone who is preparing for divorce in New York likely has a lot of issues to address. There are the immediate practical needs of establishing separate finances and obtaining the right support for divorce proceedings. People also need to learn about state rules so...