Peter L. Cedeño & Associates, P.C.
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August 2019 Archives

Financial preparation may make divorce process easier

Ending a marriage can no doubt be a complicated ordeal in New York. Although divorce can be hard to process emotionally, the financial aspect of divorce can also be a source of confusion and stress. However, taking steps to understand one's financial situation before filing for divorce may help to make the divorce process easier.

Should I secure a new financial adviser during divorce?

Financial advisers are essential when it comes to managing and maintaining wealth. However, even if you spent years developing a personal relationship with your adviser, it might be time to move on. You and your soon-to-be ex-spouse have your own financial needs, priorities and wishes. Using the same financial adviser during divorce can compromise your current and future financial security.

Emotional reasons for getting a divorce are on the rise

Two spouses may decide to break up for a variety of reasons, including infidelity or financial conflict. However, according to new research, the top reason why people get divorced in New York and elsewhere is the inability to feel emotionally fulfilled in the marriage. According to researchers, emotional and psychological factors in divorce are growing, whereas violence- and addiction-related factors are plummeting.

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