When you marry someone, you combine your life, household and finances with them. Usually, this process is beneficial, but it can certainly complicate matters if the two of you decide to get a divorce. The New York family courts will often wind up tasked with the...
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Property And Asset Division
Does divorce mean selling your home?
Divorce means the end of your marriage, and that can be a big enough change to really present some challenges all on its own, but it may be compounded by the fact that you have to sell your home. You have to move. You lose this place that you may have called home for...
What to know about QDROs
For those expecting to retire soon, understanding the basics of a Qualified Domestics Relations Order (QDRO) is essential. Retirees expecting a divorce or with dependents will be particularly impacted by a QDRO, as these court orders affect the payout of retirement...
Do you get the wedding ring back after divorce?
You ask your spouse for a divorce. At the same time, you ask them for their ring set back. You gave it to them when you got engaged, after all, so you still think of it as yours -- especially now that you’re not going to be married anymore. After all, the ring...
Big or small, all assets must go through property division
People who think about property division often focus on the larger assets. This is understandable because they usually have the biggest impact on your finances. However, you might not be fully prepared at the depths that you will have to cover when you go through the...
Key facts for a successful QDRO
The division of assets is a large part of the divorce process. For some parties, a retirement plan is an important aspect of that process. To make the process work best for you, it is important that you understand how a QDRO works. There are a few key facts...
Dividing up sentimental items when you divorce
For a lot of couples, it's not that hard to divide the marital assets. They can quickly agree about how to handle the house, the bank accounts, the pensions and any investments. These days, many spouses either enter into marriage with a prenuptial agreement or have...
Balance property division terms and your emotional health
Trying to figure out how to divide things in a divorce can be challenging. This is definitely the case when you are cutting ties from someone who is controlling. For some people, the reality of their life is that they have been limited in earning and opportunity for...
Real property comes with complex division points
The real estate that you and your ex amassed during your marriage is a huge consideration when you are going through a divorce. You might be tempted to try to keep the biggest properties, but this might not be in your best interests. There are several things to...
Biggest isn’t always best in property division
Property division in a divorce can be a challenging matter to work through. The situation becomes even more challenging when you are dealing with multiple properties. Trying to balance all of this out will prove to be difficult. One thing that you can do in these...