As experienced divorce attorneys on Long Island, we know that after you and your spouse have made the decision to divorce, it is likely that you will have many conversations regarding important topics within your marriage, including property allocation, child support and custody, and spousal maintenance. In my many years of practice, I have found that, on some occasions, the finances of the couple jointly, and the parties individually, can be left out of those conversations. The topic of your finances is a vital component of your Long Island divorce, and needs to be addressed thoroughly in order to reach an equitable settlement for both of you. (more…)
For many Long Island couples, the issue of debt in your divorce can be a highly contentious topic. While married, you may not consider the ramifications of the $30,000 in credit card debt that was racked up to keep your family afloat. However, once the word “divorce” gets thrown around, that $30,000 is yet another hurdle to be dealt with.
Who is Responsible for Marital Debt?
As discussed in previous Paternity blog posts, on Long Island, New York there exists a presumption of legitimacy for children born “of the marriage.” This means that any child born by the wife during the marriage will be presumed to be the husband’s child. Recently, a New York court has extended that presumption to children born of a same-sex marriage.
What is a Presumption of Legitimacy? (more…)
We see many Long Island couples for whom the words “prenuptial agreement” make them squirm. It is our firm belief, however, that for those same couples, a prenuptial agreement is one of the smartest decisions they could make. Prenuptial agreements involve a less negative connotation when couples understand the concept better.
What is a Prenuptial Agreement?
After many years of collaborative divorce practice as a Long Island Divorce Attorney, many of our clients have expressed confusion regarding their 4-Way Settlement Conferences. In this article, we hope to clear up some of the confusion and demystify the experience.
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.