Blog categorized as Divorce
When facing marital challenges, you might find yourself exploring your legal options. Two common choices are legal separation and divorce. Understanding the differences and implications of each can help you make an informed decision that best suits your situation.
What is legal separation?
Legal se... September 25,2024 08:18 AM
Most people have heard that divorce is expensive – but they don’t really understand what that means. Legal fees and filing costs are only part of the equation, and they are probably not going to be your most significant expense. To be financially prepared for your divorce, it’s important to con...
September 11,2024 01:48 PM
No one enters a marriage thinking that it will end someday. But for many, divorce becomes a reality. And when it happens, it can be overwhelming, leaving you anxious and uncertain about the entire process. One of the biggest decisions you will face is choosing between fault-based and no-fault divorc...
September 02,2024 08:37 AM
The way that you bring up divorce can impact how the process goes. Suddenly suggesting it in the middle of an argument with your spouse will probably make the process more contentious. Bringing it up carefully and calmly can help things go more smoothly. Everyone’s situation is unique, of course. Ex...
August 10,2024 10:06 PM
No one is legally permitted to hide assets during divorce. Financial statements need to be made to the court that fully disclose all of the assets the couple holds – bank accounts, investments, overseas accounts, savings, real estate, business ownership, etc. Unfortunately, this does not mean t...
August 09,2024 04:52 PM
Bonuses can be a financial game-changer for anyone, but in the context of divorce, they can be a source of uncertainty and conflict. In New York, bonuses are considered when calculating child support and alimony during a divorce. As you go through the process, it is essential to understand how bonus...
July 31,2024 03:44 PM
When one person files for divorce, they serve their spouse the divorce papers. They may do this themselves, or they may have the papers served by a third party. Either way, their spouse gets the divorce petition, which they are then supposed to sign and file appropriately. Once they do that, the div...
July 27,2024 01:51 AM
Marriage should be a partnership built on trust and mutual respect. However, some relationships can turn dark when one partner exerts financial control over the other. While this form of abuse often goes unnoticed, it can have devastating consequences. Below are three warning signs of financial abus...
July 25,2024 01:57 AM
When you’re going through a divorce, the last thing you expected was a great investment opportunity to land in your lap – but it has. Should you let it pass you by since you’re in the middle of your breakup? There’s no simple yes-or-no answer to this question, because what’s right for you might...
July 09,2024 07:26 PM
These days, it isn’t unusual for people to try to diversify their income streams, so that they aren’t reliant on one source for their financial stability. A lot can be said about having “passive income” going into your bank account.However, when couples divorce, their passive income streams are just...
June 25,2024 10:20 PM
