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.
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.
Ending a marriage is challenging on many fronts. For instance, individuals with young children may argue over who should get custody of the children. Couples may also disagree about how to divide their shared property. Fortunately, taking a couple of steps may help to reduce conflict during a divorce proceeding in New York.
Having to face major life changes is inevitable during the process of getting divorced. Naturally, those going through divorce in New York may feel that they do not have a say in the outcome of the process. However, they can take specific steps to put themselves in the best position to succeed financially, including being proactive about their credit.
Research shows that many struggling spouses contemplate getting divorced during the summer season. Part of the reason for this is that they may spend more time together in the summer -- for example, to go on vacation -- and this may exacerbate any marital problems they are having. Here are some important moves to make when considering divorce this summer in New York.
One of the most challenging parts of any marital breakup is handling the financial aspect of it. Unfortunately, the wrong money moves during a divorce proceeding can end up harming rather than helping the person going through divorce. However, some tips might help divorcing individuals to make the right financial moves during their marital breakups in New York.
Getting divorced can understandably be a tough ordeal for any family in New York. Still, it poses unique challenges for a family that has a special needs child. Here is a glimpse at the options that these types of families have when facing divorce.
The dissolution of a marriage in New York can be complex, especially when this process involves children. Not all families approach child custody in the same way. However, divorce courts often require noncustodial parents to give child support to the custodial parents so that the custodial parents are not left to support their children financially on their own. Here is a glimpse at some important facts to consider about child support.
During the marital dissolution process, it is natural for spouses to fight over their money. For this reason, it may not come as a surprise that cryptocurrency, such as bitcoin, may quickly become a point of contention during divorce in New York. This is particularly the case with cryptocurrency surging in popularity during the past couple of years.
People who are engaged in New York usually imagine themselves getting married and then staying that way till death do they part. The reality is that, sometimes, divorce cannot be avoided. In fact, in some situations, spouses end up breaking up when they are near their golden years. Here is a glimpse at what people can do to protect themselves financially if they decide to get divorced over the age of 50.