Blog – Page 2 – Kurt T. Richards, P.C.

Keeping a credit score from dropping due to divorce

Most people understand that getting divorced will impact their finances. No matter what a person’s financial situation may be, it is nearly impossible for most people not to see some kind of impact as a result of a divorce. One thing that experts say is often...

Take these steps to protect your business in a divorce

Divorce rates in the US hover around 50% within all marriages. Considering the high prevalence, it’s no wonder that many couples—even happy ones—seek ways to plan for the possibility. If you’re a business owner, you may be concerned about what could happen to your...

The differences between legal separation and divorce

Entering a marriage, you never think that it’s not going to work out. Until you realize that it’s not working. What are you supposed to do now? Should you get a separation or file for divorce? What is a legal separation? A legal separation is often used by couples who...

Divorce can create extra hardship for teens

Divorce can be hard for everyone in the family. But if parents have adolescent children, this sudden and undesirable change can be a lot for them to handle. While younger children may be equally as upset, they don’t always know what’s going on. But many...

How to travel with your child post-divorce

During a marriage, traveling with your children is easy. There are no restrictions. You can hop on a plane at a moment’s notice and enjoy an amazing vacation with your family. After a divorce, this luxury can be taken away from you. Because your relationship with your...

Splitting assets can be nerve-wracking in an unstable market

Many investors have seen the stock market take a sharp dive in recent weeks. As economic uncertainty looms across the U.S., being in the market right now can be scary. That’s especially the case for those going through divorce. Many couples likely see their...

Why are so many Millennials signing prenups?

Younger generations are changing their tune on how they tie the knot. The old saying goes first comes love, then comes marriage. But many Millennials are putting a prenup in the middle of that phrase. That’s because more of them are getting married later in...

Interfaith divorces can complicate custody battles

Religion plays a central role in many New Yorkers’ lives. And when it comes to raising their kids, many see faith as a way to give children a sense of purpose and a moral compass to live by. In this day and age, some younger couples are entering interfaith marriages....

Is a split custody option right for me?

Most parents want to give their kids the love, attention and support they need. However, doing so can be challenging after divorce. That’s especially the case if there’s more than one child in the picture. Depending on the circumstances, parents may...

How mediation works in divorce

A steadily growing trend in divorce suits, more couples are turning to mediation to negotiate their divorce resolution. Mediation is usually a faster and cheaper way to work through a divorce, and often produces equitable resolutions that satisfy each party. A couple...