Whether you're incredibly wealthy or you have an average New York salary, everyone worries about losing their assets in a divorce. In some cases, a former spouse could be entitled to half their partner's earnings. Here's what you need to know about dividing your...
Month: November 2020
Closing joint bank accounts during divorce
During a divorce in New York, spouses will need to begin the process of separating their common interests, assets and other property. This includes dividing the funds and closing any joint bank accounts. What are your options? While there are different processes for...
Should you settle your divorce or fight it out?
There’s a lot at stake in your divorce. You and your spouse have significant financial holdings, including property and investments. You’re also concerned about how the optics of your divorce may ultimately affect your business, career or social standing in your...
How divorce affects 401(k) plans
There is no getting around the emotional toll divorce can take on an individual. But at some point, divorcing parties in New York will need to set aside their emotions and come up with a property division agreement that suits them both. This agreement will include...
