One of the more complicated issues in divorce, especially for older couples in New York, is how to divide IRAs and other retirement accounts. As you probably have different types of requirement accounts, you'll have to abide by the rules for each, even if you agree on...
Month: September 2021
Protecting your real estate portfolio during divorce
Although many couples involved in a divorce sell their former family home and split the profits, others have additional real estate to consider. This situation is especially true if you are a real estate investor or owned substantial holdings during your marriage....
The potential benefits of a postnuptial agreement
New York state is an equitable distribution state. This means that property held inside of a marital estate will be divided based on what each party to the relationship needs after a divorce becomes official. However, it may be possible to circumvent state property...
When might you want to use a prenuptial agreement?
It's essential to think about the big picture before getting married in New York. An important factor you will want to consider is the assets you currently have going into your marriage. While no one plans to get divorced, statistics show that it happens with nearly...