Long Islanders from all walks of life who are going through a divorce will probably have to figure out what to do with their family home. Most of the time, a person’s residence is considered marital property in a New York divorce. This is true even if the home is only...
Divorce
How are New York retirement accounts split in a divorce?
For many going through a divorce, their primary concern is their children. However, if you are divorcing later in life, your children are likely adults, and one of your primary concerns is your retirement accounts and pensions. Other than your real estate holdings,...
What are the options for your vacation home in your divorce?
The property involved in a high-asset divorce can be significant. Figuring out how to split them during the property division process can be challenging at best, and the outcome of your property division can shape what your post-divorce life will look like for a long...
Divorce and equitable property division
If you and your spouse are considering divorce in New York, there is a process you must follow. Divorce process Before filing for divorce, you or your spouse must have been a resident of New York for at least two years immediately before filing. Alternatively, either...
What is forensic accounting?
If you are considering a divorce, it can feel like an insurmountable amount of stress. Many couples find themselves at a point of needing to cross that bridge, and some divorces may require additional help. In addition to attorneys, there are other professionals who...
Four ways to reduce conflict in your divorce
Most people going through divorce want to avoid conflict to protect themselves from the emotional and mental toll that can be taken by the process. However, most divorces are going to see a certain amount of conflict. This doesn’t mean that you need to rush to settle...
Divorce requires making a sworn statement of net worth
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...
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...
