For many couples, asset division is one of the most difficult parts of the divorce process. It is time consuming, emotionally draining, and can even cost a lot of money depending on how things go. Do these matters worsen as assets grow higher? Or is this a simple...
If you and your spouse are considering a divorce and have an existing prenuptial agreement that you feel puts you in an unfair position, you might be wondering about your options. There may be situations where you or your spouse decide to contest the terms within the...
Even for high-income earners, Social Security payments represent a substantial income source after retirement. For some people, divorce may affect the amount of the payment they receive. How does divorce affect Social Security? Who can get spousal benefits? The...
When it comes to dividing property in your divorce, you might have a lot on the line. New York churns out plenty of authors, artists and other creative types and even though you might be the creative genius behind a project—it might still classify as a marital asset....
Postnuptial agreements may help provide some stability in a marriage—happy or otherwise. It helps to establish what should happen to various assets in the event of a divorce by defining separate property between you and your spouse. It may also help manage wealth,...
Over the course of your marriage, you and your spouse likely gifted each other many different items for birthdays, holidays and special occasions. When it is time to divide your assets during a divorce, you may want to keep a gift from your former partner,...
One challenge of dealing with a divorce involves figuring out a number of expenses associated with the process. These typically include court costs and fees and the amount the parties pay an attorney that vary due to many factors. As part of the entire process,...
When couples with considerable assets face divorce, the stakes are usually high for each individual and could result in serious financial strife in the future. CNBC notes that in the past year, the rate of divorce-related loan applications spiked to more than 50% as...
Before the divorce, emotions are still fresh and fear of the future may be overwhelming. One of the significant uncertainties revolves around a couple's finances. Do not wait until you find yourself amid divorce proceedings to prepare your finances for the split....
Going through a divorce is often difficult for couples in New York and elsewhere. If you have stock options from your employer that are doing very well, it can be even more stressful as you have to split these assets with your spouse. It's important to know how the...
