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May

Blog Posts in May, 2014

  • Is There a Bad Time to Divorce?

    || 30-May-2014

    According to numerous experts, yes. If you wait too long, or if you proceed too soon, then your financial and emotional futures could take a massive hit. In fact, financial stability and emotional concerns could be some of the main reasons behind many of the divorce stats out there. For example, there is the "gray divorce" rate. While in the 1990s, about 12 percent of married couples in ...
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  • Sperm Donation, Paternity Rights & the Jason Patric Case

    || 28-May-2014

    Just a couple weeks ago, actor Jason Patric's paternity case grabbed headlines, and for good reason. While this child custody dispute continues to play out in a California courtroom, the results could reverberate across courts nationwide. In the ever-changing sea of family law rules, it appears that a significant step has been made that could increase the number of ways paternity can be ...
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  • Should I Get a New Divorce Lawyer?

    || 21-May-2014

    Four Signals That the Answer Is Yes You have already invested a great deal of time and money into finding the right divorce lawyer, and then you have worked with the one you chose in order to craft a divorce settlement. But what if after all this time, it appears you are not getting your money's worth? As painful a decision as it can be, there are times when people need choose a new divorce ...
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  • Divorce and Your Home: the Capital Gains Tax

    || 19-May-2014

    The good news is that if you agree to sell your house because of a divorce, you get to avoid the capital gains tax—usually. There are certain circumstances, however, under which your profit would be subject to this tax. The difference lies in the details of what you two agree to do with the marital home in the divorce. Usually speaking, divorcing spouses have three options when it comes to ...
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  • Do You Want the Retirement Plan or the House in the Divorce?

    || 14-May-2014

    Which assets are most important? As crucial as keeping the house may be to you, it is imperative that you take a step back and assess what your marital assets are really worth. While a house can have immeasurable emotional value, especially if you have kids, the house does not represent a liquid asset, and if you're going to depend on spousal and child support to meet the mortgage, you have to ...
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  • How Divorce & Remarriage Affect Social Security Benefits

    || 12-May-2014

    For many divorcees, their split can have far-reaching legal and financial ramifications. Everything from daily budgets to retirement plans can be touched by the divorce process, and this includes Social Security benefits. Do any of the following scenarios apply to you? Were you married for at least a decade? If your divorce took place at least two years ago, then you have the option to file a ...
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  • Five Ways You Can Reach Financial Recovery After Divorce

    || 7-May-2014

    When you and your ex's combined assets are split up, when you have legal fees, when you are down to one income, your finances will simply not be the same after a divorce. Whether you are experiencing the aftermath of a divorce, or if you are in the middle of this complex, draining process, it is important to look forward, to your independent future. Of course, getting a fair result through ...
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  • Don't Want a Prenup? But You've Already Got One

    || 5-May-2014

    While you and your future spouse are planning your futures together and working out the details of your wedding, a prenuptial agreement is one of the most unromantic topics you could possibly bring up. But the fact of the matter is, you essentially have a prenup already. If you imagine it this way, New York's divorce laws have already laid out a prenup for you. Is that the prenup you want to ...
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