Serving Rome, New York residents with legal issues
Most people think of the marital assets when they are considering property division during a divorce. They tend to forget that someone has to pay the marital debts. These have to be split up during the property division process, but it might not be as easy as you...
Every part of divorce is complicated, and each party must abide by numerous rules. Failing to complete the process properly can result in a negative outcome for one or both spouses. One such area is the division of marital property. It often comes with much contention...
Splitting up the property that was accumulated during a marriage is a challenge in some divorces. This is because both parties might have specific things they are attached to that they don't want to let go. When both are attached to the same property, there can be a...
One of the most complex aspects of divorcing your spouse is determining how to split your assets. Dividing your bank accounts or possessions may be hard enough, but when it comes to a 401(k), the stakes get higher. This retirement asset may be the largest source of...
Asset division during divorce is a critical part of the process. You may need to split up bank accounts, retirement funds, pensions and other assets, from your home to your car to the artwork you bought together. Don't stop with simply dividing your assets. You also...
People often work at companies that offer retirement benefits. This is a great way that you can save for your retirement and know that you will be taken care of in the future. There is one situation that might throw a wrench in those plans – a divorce. If you are...
The easiest way to handle debt during a divorce is simple: Pay off the debt. Use the assets you have to get rid of what you owe, then split up what assets remain. You can eliminate debt before divorce to keep it from playing a part at all. Of course, this is easier...
When you and your spouse get divorced, the court may have to step in to help you divide your assets and property. There are cases in which you and your ex can agree on certain points and work together, but the court helps ensure things are done properly and it helps...
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...
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...