Category Archives: Divorce
Over 50? Avoid These Divorce Mistakes
The rate of divorced people 50 and over is increasing. Often, couples grow apart as they age and their situations change. Since divorce is not as frowned upon as it once was, more people have decided to go their separate ways. In fact, the divorce rate for people over 50 has actually doubled since 1990…. Read More »
Should You Legally Separate Before Divorce?
Many people have the misconception that you need to legally separate before you get divorced. Legal separation is an option in New York, but it’s not required. Here’s what to know about legal separation and whether it might work for you. What is legal separation? Legal separation formally divides your assets and creates an agreement… Read More »
Are Cell Phones a Child Support Issue or a Special Expense?
When you’re negotiating custody and child support issues, the issue of cell phones—and who pays for them—may come up. If your child is old enough to have a cell phone, many couples debate about whether child support should cover it, or if that’s considered a “special expense.” What is a special expense? These special expenses… Read More »
What to Include in a Parenting Plan
Parenting plans outline your expectations on how you and your co-parent will raise the children. Your divorce mediator will guide you through creating a parenting plan, but it never hurts to prepare potential topics ahead of time. Here’s what to include in your parenting plan: Healthcare decisions: Make sure that you and your ex come… Read More »
How to Emotionally Prepare for Divorce Mediation
Even amicable divorces can be emotionally difficult. While mediation is a more collaborative process, it can still become charged. Spouses may find themselves sad, hurt or outraged at their ex’s conduct. However, it’s important not to rise to the bait. Here’s how to emotionally prepare for mediation and stay calm during the sessions. Ask for… Read More »
Should You Consider Co-Owning the Marital Home?
Dividing up assets can be a difficult task, even during amicable divorces. One of the biggest challenges is determining what to do with the family home. You might want to keep the home to preserve your children’s sense of stability, or one spouse may not have the funds to buy their ex out of their… Read More »
When is Annulment an Option in New York?
Divorce can be an emotionally and financially draining process. Naturally, most people want to avoid it if they can. Is annulment an option for your marriage? If you qualify, your marriage will be dissolved as though you had never married in the first place. There are five grounds for annulment in New York: One or… Read More »
Who’s Responsible for Student Loans After a Divorce?
For many people, student loans are the biggest expense they’ll incur, short of buying a home. The average college-educated person has $30,000 in debt, and people who go to grad school often incur far more. Who’s responsible for these loans after you get divorced? Student loans before marriage If you or your spouse took out… Read More »
Is Bird’s Nest Custody Right for You?
If you’ve heard about “birdnesting” or “bird’s nest custody,” you might be wondering if this is the right choice for your post-divorce family. Bird’s nest custody keeps the children in one home, while their parents move in and out during their visitation times. What is bird’s nest custody and what does it involve? When you… Read More »
Financial Impact of Divorce on Women
Divorce is a tough process, even in the friendliest of circumstances. Unfortunately, the financial risk to women is often greater than the risk to men. Whether you’re a woman considering divorce or you’d like to learn about ways to mitigate financial damage, read on: this article can help you prepare for potential issues. Earning potential:… Read More »