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Why Is a Statement of Net Worth Important in a Long Island Divorce?

Why Is a Statement of Net Worth Important in a Long Island Divorce?

As a Long Island Divorce Attorney who has met with countless clients and prospective clients during their complimentary consultations, I have seen people immediately intimidated by one of the key pieces of information we need to collect: the Statement of Net Worth. In an effort to alleviate that intimidation, we have complied some basic information.

What Is a Statement of Net Worth?
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Long Island Divorce Attorney Explains Major Divorce Issues

Long Island Divorce Attorney Explains Major Divorce Issues

As a Divorce Attorney and Divorce Mediator on Long Island, I meet with many individuals and couples who have no idea of the myriad of issues they will have to address in their divorce. Although every divorce is unique and has its own issues, there are a number of items that are common to all divorces. The following is a list of some of the major issues you and your spouse you will need to come to terms with in order to get a divorce on Long Island, New York.
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Long Island Divorce Attorney Outlines Your Divorce Options

Long Island Divorce Attorney Outlines Your Divorce Options

As an experienced divorce attorney, mediator and collaborative divorce lawyer, who meets with Long Islanders considering divorce, I understand that most people are not aware of all the different options you have to legally end your marriage in New York state. If you are considering divorce or have already begun the process, you may be wondering what your options are and how to decide what will be best for you and your family.
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Long Island Divorce Attorney Answers Questions about Marital Debt and Divorce

Long Island Divorce Attorney Answers Questions about Marital Debt and Divorce

What is Marital Debt?

Marital debt is debt that is acquired by either spouse during the marriage. Common types of marital debt are credit card debt, mortgages and home equity loans, medical bills, and automobile loans. This kind of debt is often accrued for the benefit of the marriage, such as buying a home. An exception exists where a creditor had secured separate property belonging to one spouse, such as a lien on a property that was owned by one spouse prior to the marriage.
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Add Prenuptial Agreement to Your Wedding Planning Checklist

Add Prenuptial Agreement to Your Wedding Planning Checklist

As we enter the Long Island wedding season, many soon-to-be spouses are finishing up the details and planning of their upcoming nuptials. As an experienced Family Law Attorney, one often overlooked detail I often see is that of the prenuptial agreement, which can be an essential component of the wedding plan.
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Considerations for Divorce After a Short-Term Marriage on Long Island

Considerations for Divorce After a Short-Term Marriage on Long Island

As an experienced Long Island Divorce Attorney, I’ve met with many people who are curious about how divorcing after a short term marriage compares to a divorce of a longer marriage. Many have heard stories or rumors about divorces that ended with substantial property distributions and large long-term spousal support (also known as alimony) payments. These awards are generally reserved for longer marriages. However, certain issues do arise with short term marriages, and divorcing couples should be aware of the implications. Short term marriages can be affected by:
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