By law, we are a so-called “equitable distribution” state. As a result, New York’s courts typically try to split a divorcing couple’s assets equitably, which does not mean equally. It means fairly, or in a just way. (Community property states, such as Texas and...
Getting a divorce can be one of the most challenging times that anyone will experience. The process can take an emotional toll, but the paperwork, dividing property and other complexities can also have a profound effect on your future financial well-being. While there...
Business owners who put their life and soul into their company may be more at risk of getting a divorce, according to the American Psychological Association (APA). The APA says that about 40 to 50 percent of marriages end in divorce. If you believe there is no way to...
If you have been married a long time, you and your spouse have likely built up a number of assets. You may own a house or two, multiple cars, bank accounts, investment accounts and retirement accounts. One or both of you may even own a business. So when you get...