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July 2015 Archives

Don't let divorce leave you in dire financial straits

According to the United States Census Bureau, approximately half of all couples who tie the knot will one day face off in a divorce. Whether the split is an amicable or hotly contested one, it is likely that both partners will take a hit to their bank accounts. Below are some ways that a divorce can wreak havoc on personal finances.

The big 5 when looking at a same-sex divorce

There are five big things that need to be addressed during any divorce in New York, but it is especially important to take the time to look into them during a same-sex divorce. This is because many of the same-sex marriage laws are much newer, and you need to know how these laws impact your case and what rights you now have. The five main areas of focus are as follows:

Is a friendly divorce a realistic goal?

There is hardly a scene more toxic than a typical scorched earth divorce when both spouses have a take-no-prisoners approach to the split. Instead, consider using the following tips to emerge on the other side single, yet still sane and capable of compassion for your former spouse.

High-asset divorces come with unique problems

Some assume that when wealthy people divorce, it is not as much of a hardship as it is for those of more modest means. And while it is certainly true that having a cushion of wealth to soften the blow is a plus, divorces between the wealthy are often quite complicated.

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