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Divorce can bring many financial challenges. During this time, it's natural to want to protect your retirement savings. After all, for many families, retirement accounts are their most valuable assets—second only to the family home. Knowing how divorce affects your...
The arrival of a new sibling can bring big changes to family dynamics, especially for children involved in existing custody agreements. Understanding how a new sibling might affect custody arrangements can help parents prepare for any changes that may be needed....
Debt division during a divorce can be as challenging as splitting assets. One common issue is determining how to allocate student loan debt between spouses. Understanding the factors that influence this decision can help prepare for the process. Factors that affect...
A premarital agreement, also known as a prenup, is a contract that couples create before getting married. It outlines how finances, assets, and debts will be handled during the marriage and in case of a divorce. Some people think that signing a prenup shows a lack of...
When parents get divorced, making important decisions about their child's education can be tough. It's important for both parents to work together to make sure their child keeps doing well in school. Here are some tips for handling school decisions after a divorce....
Child support helps cover a child's basic needs, but what about extracurricular activities? Many parents wonder if they can adjust their child support obligations to include costs like sports, dance, or music lessons. This blog explores the factors that impact...
Divorce often creates the need to update estate plans and review beneficiary designations. Individuals must take steps to ensure their wishes reflect the changes in their relationships. Reviewing wills A will outlines who receives a person’s assets after their death....
Modifying child support for special needs children calls for careful consideration by the courts. When the care requirements of a child change, support arrangements may need to be updated. Being aware of how courts approach this process is a must for all involved...
Dividing assets during a divorce is always a complex process. The stakes only get higher when these divorces involve business assets. Knowing the legal implications of dividing these assets is essential to make sure both parties receive a fair share. Determining the...
50/50 custody means that both parents share equal time and responsibilities in raising their children. Determining who pays child support in a 50/50 custody arrangement involves several factors. How courts calculate child support in 50/50 custody In New York, child...
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