The division of assets and distribution of debts frequently are often points of contention in New York divorce proceedings. The financial aspect becomes even more complicated and contentious when complex asset division is at issue. Examples include determining how to...
Property Division
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...
Using a QDRO to split future financial benefits
When you get divorced, you split up the assets that you and your spouse own at the time. This is one of the most highly-contested areas in many divorce cases, but most people do understand that they own their property jointly with their spouse and that neither person...
Why 61% of divorced women wish they hired financial advisors
Many women working their way through divorces have specific financial goals they wish to achieve, but not nearly as many take steps toward achieving those goals. When you divorce, you may focus on purchasing a new home, putting away more for retirement or creating a...
What happens if my spouse does not want a divorce but I do?
Even under the best circumstances divorce can be messy and complicated. This is especially true if you want a divorce and your spouse does not. This may result in even more stress, and you may wonder if the judge will grant you a divorce if only one party wants one....
Dividing up a 401k in a divorce
Property division proceedings can easily become one of the most contentious aspects of a divorce case in New York. One of the primary reasons is because many come into such proceedings with misconceptions about what to expect, particularly when it comes to more...
Divorce and your savings
Our law office knows that the divorce process presents many tough challenges. People struggle with legal matters related to their children, such as custody or child support. They also experience considerable emotional hardships and spend a lot of time dealing with...
What happens to your retirement accounts in a divorce?
With the exception of your marital home, your retirement accounts are probably the most substantial assets you have acquired during your marriage. It's only reasonable that you want to protect them and your ex wants their fair share when you divorce. Although the...
What will happen to your investments during divorce?
As soon as you come to the conclusion that your marriage is ending in divorce, it may be your first instinct to take possession of all of the investments you have worked your whole life to accumulate. However, this type of irrational behavior can actually be...
Protecting your business in a divorce without a prenup
No one wants to believe that their marriage is doomed to end in divorce, especially after taking vows to stick with your partner through bad times along with the good, and in sickness and health. The end of a marriage can be emotionally devastating, especially if...
