When the media first reported changes to the spousal support system, people panicked. Divorcees who were already receiving alimony worried that the new system would create problems for their existing spousal support order. No longer claiming the money as taxable...
Month: February 2020
Do you need to recover dissipated funds in a New York divorce?
Financial issues are among the leading causes for couples to file for divorce, and those issues don't usually disappear just because a couple decides to end their marriage. In fact, the costs of divorce and the intense emotions that arise at the end of the marriage...
How long can it take to recover financially after a divorce?
Couples across New York with a high net worth may run into problems after a divorce. It may take up to five years for an ex-spouse to regain his or her former financial equilibrium. A recent investors' survey revealed that most individuals recovered from both the...
Ask for a prenuptial agreement without harming your relationship
Once you decide to tie the knot, it’s your hope that you remain married to your spouse for the rest of your life. However, even if this is your intention, you shouldn’t neglect to plan for the future. And that’s where a prenuptial agreement comes into play. While...
How can I prevent financial disputes before divorce?
Divorce not only impacts your family, it can also have a serious effect on your finances. Whether you are currently considering divorce or are in a fulfilling marriage but thinking about the future, there are steps you can take to protect yourself from a financial...