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What to Know About Financial Disclosures During a Divorce

During a divorce, each spouse must disclosure certain financial information to ensure each party has full knowledge of the other’s finances. Examples include bank statements, mortgage statements, tax returns, pay stubs and statements for brokerage and investment accounts. In addition, each party must provide a Statement of Net Worth which is a document, signed before… Read More »

How You Can Start Saving Money Again After a Divorce

Divorce can be just as challenging financially as it is emotionally. The costs to consider include legal bills and prices of additional residences. However, just because the divorce process is costly does not mean you won’t be able to recover. In fact, it is possible to begin saving immediately after a divorce and continue working… Read More »

Key Tips for Protecting Your Retirement Accounts During a Divorce

If you’ve working on a nest egg for your retirement for many years, there are steps you should take to help protect your assets if you get divorced. Any retirement assets could be subject to the property division process which is known as equitable distribution in New York. If you are the party who maintains… Read More »

A General Timeline of the Divorce Process

Going through a divorce can be an understandably overwhelming process. Not only do you have to deal with all the emotional elements of ending your marriage, but you likely are also unfamiliar with the divorce court system and the various procedures involved. To help make this a little easier, the following is a general timeline… Read More »

A Quick Overview of the Divorce Process

Are you wondering what to expect out of your upcoming divorce? Here’s a general step-by-step overview of how the process works: Filing the petition. The first step in any divorce is filing a divorce petition. Only one of the spouses actually needs to file the petition in court. Temporary orders. Depending on your circumstances, you… Read More »

Most Common Financial Mistakes Made During Divorce

As you go through the divorce process, there are many decisions you’ll need to make that will have a major impact on your finances. You need to be extremely careful with how you make these decisions so that you don’t risk jeopardizing your financial wellbeing. The following are few of the most common financial mistakes… Read More »

Dating Considerations When Going Through a Divorce

As your marriage comes to an end, it’s understandable that you’re going to want to get on with your life, and perhaps start seeing other people. However, it’s also important to understand that beginning to date before your divorce is finalized could affect a variety of things, including your family relationships and your divorce settlement… Read More »

Divorce Terms You Should Know and Understand

As you go through the divorce process, chances are that you will come across a variety of terms that you are not familiar with. Here is a list of a few of the ones you are likely to encounter: Affidavit: This is simply any kind of written statement that you give under oath. Annulment: The… Read More »