In most divorces, marital property is held in the name of one or both spouses. This often makes property division a relatively straightforward albeit sometimes contentious process. In recent years, however, a growing number of New York divorces involve property — specifically marital homes — that are held in the name of third parties. How… Read More »
While it’s certainly not easy to talk to your children about your divorce, it needs to be done sooner or later. It is important to plan out the conversation in advance so you can anticipate any potential reactions or questions, and make the conversation as successful as possible, given the circumstances. Here are a few… Read More »
Over the last couple decades, social media has become a nearly inextricable part of our lives. For people who are going through a divorce, it can also be something of a minefield. While your best strategy to stay out of social media-related trouble as you go through your divorce is to simply avoid using it… Read More »
Some people may wish to add provisions related to their children’s education and afterschool activities to their custody arrangements. Here are just a few common examples of some of these provisions. Important school information: The custody arrangement might contain information about the school the child will attend, as well as how each parent will be… Read More »
Researchers have performed numerous studies on the risk factors most likely to lead to divorce. Here are a few examples of some of the factors most commonly pinpointed in these studies. Divorced parents: Studies indicate children of parents who got divorced are more likely to get divorced themselves than children whose parents stayed together. Alcohol:… Read More »
While the overall divorce rate has seen a steady decline over the last decade or so, the number of people getting divorced over the age of 50 has gone way up. This so-called “gray divorce” trend has mostly affected Baby Boomers and older members of Generation X. If you are preparing for a divorce and… Read More »
When you go through the divorce process, you will either handle asset distribution yourself during the negotiation process, or the court will do it for you. This includes any vehicles you own. How do you determine who gets the car in your divorce? As with any other piece of property, judges will base their decision… Read More »
If you are going through a divorce and you and your spouse rent an apartment together, you will need to figure out how you will manage the remainder of your lease. In some cases, you might have an understanding landlord who is willing to let you out of the lease. Or, you might be on… Read More »
Depending on the circumstances of your personal life and finances, you might wish to keep your house following a divorce. If you owned the house prior to your marriage, this is simple—the home is considered a non-marital asset and thus is not subject to the asset distribution process. However, if you and your spouse jointly… Read More »
If you are going through a divorce, you may wish to keep the family home after the divorce is finalized. But even if your spouse agrees to this plan, you’ll need to consider whether or not you can realistically afford to do so. Here are some of the considerations to take into account when determining… Read More »