Financial matters are a key aspect of any New York divorce. When people are going through the emotional and personal turmoil of the end of a marriage, they might let these issues pass without fully understanding their importance. This is a mistake. The income, assets...
Divorce
How to reduce the mental toll of your divorce
Although the divorce can have significant financial implications, the mental toll taken by the process can be just as worrisome. After all, it can feel like the life you once knew is crumbling around you, and the uncertainty of the future can leave you frightened....
What can I do to financially plan for life post-divorce?
Although it’s an emotional process, divorce might also be the biggest financial transaction that you participate in during your lifetime. Property division, alimony, and child support can completely shift the dynamics of your financial well-being for decades to come....
An amicable divorce is possible
The end of a marriage is anything but a joyful experience. However, this momentous life event does not have to be all bad and negative. There are ups and downs in life, and with a divorce, there can be moments of peace and progress. Filing for divorce Filing for...
The path of alternative dispute resolution
Most divorces don’t end up in court. For most cases, dispute resolution can be done outside of court, cutting costs for all parties in terms of time, energy, emotional pain and dollars spent. Alternative dispute resolution (ADR) For all sorts of civil actions there...
Divorce and mortgage
The economy has presented obstacles for homeowners seeking a reasonable mortgage. But divorce adds further complications for couples dealing with their marital home and obtaining a mortgage. Mortgage options Keeping the family’s home depends on many factors. These...
The family business and property division
If you and your spouse own a family business in Long Island, New York, and you are going through a divorce, you may be wondering how to divide the business assets and liabilities. A family business is often one of the most valuable and complex marital properties that...
Myths about fathers’ rights
If you are a father who is facing a child custody dispute in New York, you may have some questions and concerns about your rights. Unfortunately, some pervasive myths about fathers’ rights remain about fathers’ rights in child custody cases. Mothers always get custody...
Watch out for these financial mistakes during divorce
There’s almost no way around it. Divorce is going to be an emotional experience. This is understandable, since you are separating from someone you may have shared a life with for many years. There is nothing wrong with feeling emotional during your divorce, but...
What if you cannot afford to pay alimony?
When one person is ordered to pay alimony (also referred to as spousal support) to the other, it is expected to be paid on time and in full. However, as the past several years have shown, challenges can arise unexpectedly and many people can have unexpected issues...