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Category Archives: Divorce
Who gets the house in a divorce in New York?
New York divorce courts use the equitable distribution model when dividing marital property upon divorce. This split can be 90/10, 65/35 or 50/50, depending on the circumstances. Valuing the house The first step the divorce court will take will be to determine the…
Financial Mistakes To Avoid In A Divorce In New York
Making financial mistakes during divorce can make your life more difficult once you begin living on your own. You could have less than you expected as a result of a poor settlement. Rushing the divorce settlement Some spouses take advantage when the other…
How To Manage Your Finances During And After Divorce
Going through a divorce in New York can put a strain on you financially. However, you can lessen the impact by careful planning during the process and after it is completed. Understand your finances First, you need to know what you are working…
What Is The Best Way To Deal With A Home During A Divorce?
Knowing how to handle your home when you’re getting divorced in New York requires you to closely weigh your options and examine the situation. Some of the factors affecting your decision will likely include the equity you have in the property and how…
Claiming Social Security From Your Ex-Spouse’s Record
With divorce for older couples increasing, some older residents in New York will find themselves worried about how they will support themselves during retirement. For older couples, divorce could significantly affect their retirement plans. However, depending on how long the marriage lasted and…
What Is Equitable Distribution?
All states use a property assessment policy of some type when deciding asset distribution in a divorce proceeding. Some states use community property law, but others like New York use equitable distribution policy. This means that each asset is evaluated for independent ownership…
Getting Ready For Divorce In New York
Each state has its own requirements for the divorce process and New York is no different. To avoid mistakes that can be costly and complicate the process, you should learn about the basic aspects of divorce in the Empire State. The basic requirements…
How Can Divorce Affect The Family Business?
Getting a divorce is a complex process that can take months to resolve, if not longer. Even with the guidance of an experienced divorce attorney, you will still need to address complicated matters like custody agreements, child and spousal support negotiations, and asset…
What Will Happen To My Pension After A Divorce?
Police officers, firefighters and other public servants are usually eligible for a retirement pension. Although this benefit has expanded over the years in many ways, New York City’s employees have been eligible for these pensions for a long time. A person’s role in…
Robert De Niro Won’t Have To Divide Fortune With Ex-Wife
New York City residents are probably familiar with a few of Robert De Niro’s most prominent investments. The 77-year-old actor has invested in several businesses and restaurants across the city including The Greenwich Hotel and the Tribeca Bar and Grill. Recently, a judge…
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