Serving Rome, New York residents with legal issues
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...
You've likely heard the term uncontested divorce in the past. You most certainly have heard it if you are in the throes of a divorce right now. An uncontested divorce is one in which you and your spouse are able to come to an amicable agreement on the terms of the...
If you are working towards a divorce in New York, there's something very important you must understand: Debt does not go away once the divorce is finalized. Take a minute to let that sink in. You will still be responsible for the debt that was accrued during the...
When you and your spouse divorce in New York, one or both of you may have one or more retirement account(s) that represent a major portion of your marital assets. For many couples, the value of these accounts’ long-term benefits represents the single largest marital...
When the time comes in your divorce proceedings to complete and sign the financial affidavit, you will be responsible for providing as much information as possible. This is a legal document that is recognized by the courts. It's never a good idea to lie on this...
Have you accumulated a lot of stuff in life? It seems like everyone has at one point or another. Some of that stuff might be more important to you than some of your other possessions. For example, maybe you have a baseball card collection or a collection of signed...
Going through a divorce opens up many questions about how you and your spouse will adjust financially to your newly single status. Marriage is more than just a union of two lives—it is also a joining of finances, and as such, the separation can get messy. A qualified...
Putting together a prenuptial agreement prior to your marriage in Oneida, New York, can do wonders for your stress levels. If you enter a marriage with a variety of assets, such as real estate, a high income and jewelry, you should absolutely sign a prenup to protect...
Divorce not only impacts your heart but also your wallet. The financial consequences of ending your marriage may be especially problematic if you are having a late-life divorce. If you are not careful, your divorce settlement may derail your retirement plans....