Divorce

Economic Woes Create Demand for Decree Modification

As time passes and circumstances change, some aspects of your final divorce decree can be amended by a petition to modify the original terms. As a divorce lawyer, I can confirm that modifications are common in today’s challenging economic times. A divorced spouse who experiences an income loss or reduction of at least 15 percent, for instance, may petition the…

Cruising Can Mean Losing in Divorce Negotiations

When you’re going through a divorce, your reputation and how you represent yourself in the online world matters. As a family law attorney, I can tell you that careless posts on Facebook, Twitter, Instagram and other social media sites can be costly in everything from your divorce settlement to your child custody agreement. Dating sites in particular are a virtual…

Maintaining Health Care Coverage After Divorce

If you and your children are covered by your spouse’s health insurance plan and you’re contemplating divorce, the time to consider how you will be covered after divorce is now. Every year, 115,000 American women lose their health insurance after divorce, according to a University of Michigan study. Moderate-income women are most affected, since they earn too much to qualify…

Hire a Lawyer with Fiscal Knowledge

Hire Bryan L. Salamone and Associates. Divorces often require complicated financial calculations. Finance isn’t part of any law school curriculum. It’s become a huge problem. Bryan L. Salamone & Associates often takes clients who have been represented by firms who don’t have the fiscal know-how to handle their divorce. Ask yourself these questions: Does my lawyer own a business? Does…

Retirement Benefits and Divorce

For many couples, Pension plans, IRAs, 401(k)s and other retirement plans represent a significant portion of their net worth. These assets are addressed as marital property in divorce settlement agreements, to be divided fairly, but not necessarily equally, according to New York’s Equitable Distribution Law. Even if the retirement account was initiated prior to the marriage, the portion earned by…

Protecting Your Credit in a Divorce

It may be difficult to emerge from divorce with your credit unscathed, but here are some “Dos and Don’ts” to help: Don’t: Think you can divorce your debts. While obligations acquired during marriage are marital property to be divided equitably, creditors are not bound by marital agreements. They can still hold you responsible for debts your spouse agreed to pay.…