Some people may find this fact surprising, but New York women initiate divorce proceedings at a much higher rate than men. National statistics indicate that 70 percent of the time, the wife will seek a divorce, not the husband. Why does this occur? Reasons women seek...
The divorce process can be made less costly
In New York, ending a marriage can come at a substantial price. When two households must be formed where there was previously one and with both parties incurring separate expenses and legal fees, it's wise to save money wherever possible. No one contemplating or...
Pensions can be complicated in a divorce
The dissolution of a marriage can be a difficult thing to deal with for New Yorkers. A divorce can bring all sorts of emotional baggage, and it can also cause plenty of financial entanglements as a divorcing couple sets about the task of splitting up assets. In a...
The role a CDFA may play in your divorce
Some people in New York who are getting a divorce may want to hire a certified divorce financial analyst. A CDFA may understand the unique challenges involved in going through a divorce and offer assistance throughout the process. Reviewing finances and preparing for...
Tips for learning about hidden assets
During divorce proceedings in New York and most other states, each party to the marriage must provide the other with information about their net worth. However, there is a chance that your spouse will attempt to lie about how much money he or she has or how much an...
How to settle a divorce outside of court
New York couples who have decided to end their marriages should strive for uncontested divorces. When a divorce is uncontested, it means that a couple has managed to resolve issues such as how to divide property or who gets custody of the kids. It is important to note...
Dividing military retirement pay during a divorce
Almost all divorces that include marital assets are complicated, but military divorces can be more complicated than most. There are federal laws that pertain to military divorces that aren’t applicable to divorcing civilians. Military families who are stationed in or...
Financial issues that arise when older adults divorce
When people decide to divorce after retirement or as retirement approaches, they might be more financially vulnerable than younger individuals who get a divorce. Younger people have more years ahead of them in the workplace to recover financially that may not be...
Kristin Cavallari’s divorce might be complicated
New York fans of "Laguna Beach" and "The Hills" have likely heard that reality star Kristin Cavallari is going through a divorce from Jay Cutler, an NFL player. Cavallari's net worth has significantly increased with her fame, and it may be at issue in her divorce....
A billionaire moves assets to South Dakota
Given the high incomes in New York, some of the marital estates at issue in a divorce can be rather large. Even though there are consequences for it if it is discovered, many spouses attempt to go to lengths to hide assets in their case. This would keep them away from...
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