Gray divorce is a phrase used to describe American adults over the age of 50 who are seeking to end their marriages. While the divorce rate for other age groups is remaining flat or slightly declining, the divorce rate for the Baby Boomer generation has been steadily...
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Month: July 2021
A form of ‘pet custody’ may be coming to New York divorces
Everyone knows that when parents of minors get divorced, they must work out a child custody parenting plan. But while most people also love their dogs, cats and other pets, there is no such thing as "pet custody" in New York. For now. The state legislature recently...
What is a QDRO?
The retirement accounts are often an issue in a New York divorce, especially when the divorcing couple is older. The divorce agreement or the court could split the accounts between the spouses based on equitable factors. The qualified domestic relations order is what...
Should you have a prenup?
Getting married is an exciting time of life, and it is easy to get caught up in the wedding planning without thinking about what happens afterward. If you or your partner is coming into the marriage with more assets than the other, you may want to consider a...