Divorce calls for couples to divide their property during divorce. It also requires division of debt. Research suggests disagreements about money are the leading predictor of divorce in the United States. Arguments about money can sour a marriage and make divorce difficult. When money is an issue during marriage, debt is oftentimes involved. Common forms of debt carried by many…
It is inevitable that people wonder how and why their marriage soured. Couples who lived together prior to marriage can breathe a sigh of relief—it did not cause your divorce. In recent decades, the rate of cohabitation in the United States has risen approximately 900 percent. A recent study published in the Journal of Marriage and Family looked at the…
Fear of a compromised financial future is common during divorce. Understanding the fear—and knowing what to do about it—is essential. Because of the requirement to divide debt and assets during divorce, couples of all ages are concerned about getting their fair share. For individuals closer to retirement, the need is more urgent with fewer years remaining to rebuild a nest…
Daily news reports confirm how celebrities, or public figures, have been taped or recorded surreptitiously. The shocking and repeated rants of Mel Gibson recorded by his paramour and lover have made news and shocked people throughout the world. However, the series of five to eight rants is not shocking, nor is it even “remarkable” to a seasoned divorce attorney. Our…
Mr. Sterling known to be the owner of the Los Angeles Clippers is accused of making racial comments in tapes allegedly created by his girlfriend. The octogenarian has a woman less than half his age named, V. Stiviano. Ms. Stiviano denies leaking the tapes however she reported taped Mr. Sterling making the remarks that are costing him severe back lash…
In a Supreme Court, Queens County matter, a recent ruling on an appeal was problematic for a wife who made contradictory claims about her marital estate. In Morille-Hinds v Hinds, the judge was confronted with a couple who admittedly underreported their income on their tax returns. Throughout the marriage, the couple did not report the income of the husband, defendant…
It is easy to make small mistakes that have a big impact during divorce. When thinking about divorce, skilled legal counsel helps you anticipate problems that could dim a bright post-divorce future. Bryan L. Salamone and Associates, P.C. is the largest family law firm in Long Island. Our collective experience helps you make the legal agreements you and your family…
When your divorce is finalized, it’s time to update some key documents. These include: Social Security: If you changed your name when you got married, you can regain your married name and obtain a new Social Security card through the Social Security Administration. If you are middle-aged or older upon divorce, inform yourself about Social Security benefits. Driver license: Change…
After handling over 15,000 divorces over the last 20years I am confronted with billboards in New York City and advertisements touting “$399.00 uncontested-no signature required” divorces. How is this possible? After all of the research and contacting most all of the places that advertise these “too good to be true” fees, I have come to the conclusion that this is…
Division of property is a hotly debated topic in many divorces. A recent Appellate Division case defined an instance when separate property is not actually separate property. In New York, the assets and debt of the marital estate are subject to equitable distribution during divorce. When couples cannot agree on how to distribute their property, the court strives to divide…