Blog Posts in August, 2015

  • Tax Ramifications of Divorce

    Getting a divorce in New York causes more than just emotional complication. After all, as a married couple, the people seeking a divorce presumably shared with one another more than just their feelings. Real property, bank accounts, credit and debit cards, children, pets, liabilities… When divorcing, there is much more to untangle than purely emotions. One major area that requires untangling is ...
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  • Statements of Net Worth - Listing Your "Income"

    One of the first things divorcing spouses will have to do when a divorce action is commenced is to exchange financial information with one another. Each spouse, with the help of their attorney, will have to fill out their own individual financial form called a Statement of Net Worth, or an Affidavit of Net Worth. What Is a Statement of Net Worth? On this form, parties must describe their entire ...
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