During a divorce, one former spouse may be awarded spousal support which will be paid by the other former spouse. This is likely significant for divorcing spouses which is why they should be familiar with how any award of spousal support is determined and made. How...
Divorce
Social media and divorce
Social media, according to University of Chicago researchers, may be more addictive than alcohol and tobacco. It has also played a large role in marriage. For example, one-fourth of polled couples said that their Facebook caused at least one weekly argument and 81% of...
Understanding equitable distribution in a New York divorce
Property division frequently comes to the forefront in a New York divorce regardless of whether the couple has accrued significant assets or is of moderate means. Since this is a complex topic and people can engage in extended disagreements about how their property...
Divorce can affect your retirement savings
As a married couple in New York, it is likely that you and your significant other have put money aside for your retirement. However, if you are getting a divorce, it is important to realize that these retirement savings may take a hit in the divorce. Preparing in...
The search for happiness and the increase in gray divorces
No marriage is immune from problems. Therefore, many couples in New York and elsewhere could go through a divorce. While marriages ending in divorce have been a part of society for almost as long as the institution of marriage has been around, certain trends are...
How are pensions divided in divorces?
There are different retirement accounts that people have in Long Island. The most popular types of retirement accounts that people have are 401(k)s and IRAs, but there are other options. One of those options is a pension. These types of retirement accounts are unique...
Tax matters and divorce
Couples face tax consequences when dividing their property at the end their marriage. There are important tax considerations that spouses should remember when dividing their property during divorce. Rental property Spouses must consider depreciation recapture when...
Preparation is key to your divorce negotiations
Divorce can be a complicated, prolonged process that can set your life’s stage for years to come. There’s a lot on the line in these marriage dissolution cases, which means you should really know what you’re getting into and what you’re doing throughout one. Winging...
What are grounds for divorce in New York?
Marriages come to an end for a variety of reasons in New York. Whatever a couple’s private reasons for divorce are, to validly divorce in the state they must provide one of the following legally acceptable reasons: Irretrievable differences: This is usually referred...
Is mediation a good option for my family law case?
Many people on Long Island may have some idea of what mediation is but may not fully understand the details. It is an option that many people use to resolve their divorce, child custody issue or other matter related to family law. The process is not suitable for every...