A gray divorce is simply one where people are at retirement age or their children have all grown up when they decide to split. These types of divorces usually don't have custody problems to deal with, but there can be other issues that have to be addressed. One of the...
New York City Family Law Blog
How to divide IRA assets in a divorce
During a divorce in New York, spouses generally divide all assets, including retirement accounts. Depending on how the judge or mediator settles the case, an entire account might go to one spouse, perhaps in exchange for another asset of similar or equal value, such...
How psychologists can help to resolve child custody disputes
Making a decision in child custody cases can be difficult for family law judges in New York and around the country as they do not know the people involved. The situation is made even thornier when divorcing parents make allegations of neglect or abuse with little...
Tips on dividing assets in a high-asset divorce
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...
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...
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...
The benefits of a prenuptial agreement
If you’re on the fence about creating a prenuptial agreement, it’s important that you learn more about the pros and cons. This will allow you to make an informed decision as to what you should do next. There is no shortage of benefits associated with a prenuptial...
Should I fight to get what I deserve in a divorce?
Every divorce is different because it involves two unique individuals with their own expectations and personalities. Every divorce has different financial situations in addition, and this is why there is not just one divorce strategy that will work in any given case....
