For many people, an employer-sponsored 401K represents either their complete retirement savings or a large portion thereof. When a married couple faces a divorce, these assets may be subject to being divided between the spouses. If a retirement account is not split,...
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...
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...
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...
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...
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...
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...
While many couples choose to enter marriage without planning for the possibility of divorce, there are numerous reasons to consider creating a prenuptial agreement. This document may specify how a couple wishes to divide assets in the event of a divorce, which may...
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...
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...
