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Divorce Archives

Divorce steps can help with protecting financial interests

Going through the dissolution of a marriage in New York is difficult whether one is 22 or 62. After all, the divorce process involves untangling two lives that have become deeply intertwined both emotionally and financially. A couple of tips may help those going through divorce to protect their best interests from a financial standpoint.  

Negotiating divorce settlement does not have to be complicated

Ending a marriage in New York can be an emotionally draining process, just as it can be financially draining. This is particularly true in a divorce situation where the two spouses cannot see eye to eye on how to handle matters such as asset distribution, child support and child custody. However, a couple of tips may be helpful for working toward a settlement agreement with a soon-to-be former spouse.

A business can complicate divorce proceedings

Getting divorced can be financially challenging for any couple in New York. However, divorce can be particularly confusing for spouses where one or both own a business. The value of the business as well as the business's cash flow that can be spent are a couple of the most frequently fought about matters during such a divorce.

Divorce can impact children long term

The dissolution of a marriage in New York can understandably be hard for two adults to process emotionally. Thus, it may come as no surprise that children may have an even harder time navigating the emotional aspect of divorce. However, parents can try to minimize the negative effects that children experience by being careful how they conduct themselves during the divorce proceeding.

Financial preparation for future an important focus in divorce

Dissolving a marriage in New York can be hassle at any age and no matter how long a marriage lasted. However, it can be particularly unsettling for those nearing retirement. A few tips might help those going through divorce to prepare for the future financially as effectively as possible.

What not to do during a divorce proceeding

Walking down the aisle in New York is typically easier than walking away from a spouse due to differences that cannot be reconciled. Unfortunately, sometimes divorce cannot be avoided. A few tips may help with avoiding divorce-related mistakes that can cause major issues for oneself down the road.

Collaborative divorce has its advantages

The process of getting divorced in New York can understandably cause anxious feelings and even ill will. However, divorce does not always have to be an entirely negative experience. Thanks to collaborative divorce, a married couple can navigate a marital split-up without having to experience the type of hostility often associated with going to divorce trial.

Tightly intertwined finances can make divorce challenging

Getting divorced is oftentimes a challenging process due to the emotional toll it can take on a person. In addition, a few financial mistakes during a divorce proceeding can cause a newly divorced spouse to be in much worse shape than anticipated. The more tightly two spouses' finances are intertwined in New York, the more important it is to pay close attention to the process of untangling them.

Annulment is not the same as divorce

One question couples in New York face when they are thinking about ending their marriage is whether to get an annulment or to actually get divorced. Choosing one or the other is relatively simple, involving placing a checkmark beside either one on a petition. However, the two legal processes of annulment and divorce are quite different.

The family home may not be worth keeping after divorce

One of the most painful parts of dissolving a marriage is determining how to handle the family home. After all, the marital home usually sparks many positive memories for a couple. A few tips may help with addressing both of these areas during a divorce proceeding in New York.

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