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Why You Shouldn’t Take Divorce Advice From Your Friends

You just filed for divorce and went to tell your siblings and parents. You met with your best friend and gave her the news as well. Of course, she has advice about what you need to do next. Friends and family members mean well, but they might not know what to do in that type of situation. Therefore, they think that you might benefit from their advice. This is especially true if they’ve gone through…

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The First Thing to Do Once Your Divorce is Final

You finally received your divorce decree. What do you do now? Should you feel sorry for yourself or bust open the champagne and celebrate? Once your divorce is finalized, there are many things that will be on your mind. You may want to change your name. Maybe finances are on your mind. Perhaps you’d like to start dating again. Are you ready to claim your post-divorce life? Here are some of the most important things…

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Explaining Divorce to Your Kids

Divorce is a complicated and stressful situation for any couple to go through. If children are involved, the process is even more emotional. Children—especially babies, toddlers and preschoolers—often don’t understand all that is involved in a divorce. They may be scared that their parents don’t love them anymore. They may feel unsafe having to split their time between two houses. It’s important that parents take the time to explain things to their children, no matter…

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Financially Preparing for a Divorce

A divorce is one of the most emotional events a person will go through. It’s also one of the most costly.  The average cost of a divorce ranges from $15,000 to $30,000. Given that this such a huge number, it’s a good idea to prepare for a divorce ahead of time. If you think you might be ending your marriage soon, now’s a good time to start saving up. Before you hire a lawyer, your…

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How a Divorce Can Affect Your Retirement Planning

For many couples in New York, retirement savings are among their most valuable assets. Indeed, if you have spent a lifetime putting away money for your retirement, your savings may even be worth far more than your house. It is important for all separating couples to understand: A divorce can have a huge impact on your retirement planning. If you are getting divorced in Albany, NY, it is imperative that you are properly prepared so…

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Representing Yourself in a Divorce

It’s a common motivation among spouses considering ending their marriage: Represent yourself in a New York divorce to save money on attorney’s fees and streamline the process. The temptation to go it alone is understandable, especially if you and your spouse can agree on the majority of issues related to alimony, property division, and minor children. However, even an uncontested divorce – for which many couples aren’t eligible – can carry pitfalls that make the…

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How to File Taxes During a Divorce

Divorce is a complex process as you work through issues related to minor children, spousal support, and property division. Plus, there’s the emotional toll as you cope with your marriage ending. It can be easy to overlook one essential – yet complicated – task that you must attend to during the year you’re going through divorce: Income taxes. A mistake in filing your return has a considerable impact on your future, and even remedying a…

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Changing Your Name After a Divorce

It can be quite a relief when your divorce is finalized, the decree is entered in court, and you can look forward to a bright future. However, women who took a married name have one last administrative task to complete before squaring away the entire process. With certain entities, your married name is still the official record on file, and you may want to change it so that you’re really starting fresh. While the process…

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Splitting Secondary Education Costs

Whether college is a few months away or several years down the road for your child, the time is now to address secondary education issues if you and your spouse are divorcing. Even when couples have a general agreement on post-high school plans for their children, the exact details should be part of the final divorce decree. If you fail to provide for college, university, or trade school – such as the critical point of…

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How Can Divorce Affect Your Business?

Apart from issues involving children, the distribution of property is typically the most fiercely contested issue in any New York divorce case. When your assets involve your own business interests, things can become even more challenging. As has been reported by Reuters, a divorce can have an immense impact on small businesses. The bottom line: You need to protect your legal rights and financial interests. If you are a Capital District business owner who is…

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