Alimony

Even uncontested and amicable divorces are a major drain on the finances, and if tax problems arise in the aftermath, yours could cost you even after the order is issued. Below are some potential [...]

Divorce can be expensive, but when you have a substantial number of assets at stake, it’s normal to be worried about more than just the cost. Depending on each spouse’s financial circumstances, [...]

The law states that when spouses transfer property to each other during a divorce, the process is practically tax-free. This is one of the few instances where taxes don’t come into play, however. [...]

It is technically possible to modify a divorce order if your circumstances or those of your ex-spouse or children change after it has been issued. Reasons for seeking a modification include: A [...]

When a couple divorces in New York State, assets that they accumulated during the marriage are subject to equitable distribution. These assets frequently include a business that the couple [...]

When a couple divorces, their marital debts are subject to equitable division in much the same way as their assets. Examples of such debts may include: Credit card balances Mortgages Automobile [...]

Like assets, marital debt must be fairly divided upon divorce. Common types of marital debt include (but are not limited to): Mortgages Automobile loans Joint credit cards Personal loans These [...]

When a couple divorces, it is not unusual for one spouse to try to conceal assets so that they are not subject to marital property division. The National Endowment for Financial Education [...]

Divorce is never an easy process, but when you’re ending a decades-long marriage it can be even more emotionally and financially challenging. There has been an increase in the number of older [...]

Spousal maintenance, otherwise known as spousal support or simply ‘maintenance is a form of financial support paid to one spouse by another to cover their reasonable financial requirements either [...]