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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...
Perhaps both you and your spouse have 401(k) retirement accounts. These may be among the most important assets in your upcoming divorce. You likely assume there will be a 50-50 division of the accounts, but there may be other options for the two of you to consider....
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,...
If you divorce late in life, you probably have a lot of assets you want to protect. New York follows equitable distribution law, so you cannot predict how the courts divide your property. However, there are ways to take some control of your finances and improve your...
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....