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....
Serving Rome, New York residents with legal issues
Property And Asset Division
Challenges facing same-sex couples in New York
Same-sex marriage has been increasing not only in New York but also across the country ever since it was legalized by a Supreme Court ruling. With that being said, same-sex divorces have also been increasing. There are some hurdles that same-sex couples face in the...
Money management tips for separated couples
Finding out that your spouse wants to separate from you is never easy. Even if your marriage has taken a bad turn lately, you are just never prepared for something like this. Separation doesn't always lead to divorce, but it very likely could be the start of the...
Should you sign a postnuptial agreement?
Most Oneida residents probably know what prenuptial agreements are, along with the reasons for drafting them. Far fewer will likely have heard of postnuptial agreements or the various reasons couples may benefit from signing them. Could signing a postnup strengthen...
Can you be forced to commingle your assets?
Commingling your assets is essentially when you mix assets together with those owned by your spouse or the two of you as a couple. When you get divorced, these assets may then be considered marital property, even if you intended them to be separate property. For...
How do you handle divorce when you’re older?
No matter what age you are when you get divorced, it can come as a huge emotional blow. However, when you're older, you have less time to bounce back financially before your retirement. To make sure that you're able to stay on financially-even ground, make sure that...
How women can ensure they receive their fair share in divorce
When a couple divorces, they tend to think about how the larger assets will be split. That can include the marital home, furnishings, cars and cash. However, many women are not familiar with the rest of the assets that they have as a married couple. A financial...
What is an equitable division?
People often assume that the property division process seeks an equal division of assets. You get 50 percent of the assets, you ex gets the other 50 percent and you go on your way. While this varies by state, in New York, it's not necessarily true. New York law...
The date of separation could be critical in divorce
You and your spouse are getting divorced. However, it's hard for you to even think of this as the "end" of your marriage. After all, the relationship ended a year and a half ago. You decided to take a temporary break for a month. That month turned into half a year....
Divorce, adultery and the division of assets
In a marriage, adultery is considered the ultimate betrayal, and it sends many couples heading for divorce court. Often, one person feels severely wronged, as his or her spouse has just been unfaithful to the marriage. That person often wants "justice" and expects to...
