So You’ve Decided to Get Divorced – Now What? For most people, the decision to divorce is not an easy one, and it often takes a lot of time and thought to decide whether now is the right time to take that step. Once you’ve made that decision, you might be left...
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How to Address Retirement Benefits
Retirement benefits are often a significant part of the marital estate and must be addressed in the settlement agreement or trial of the matter. Retirement benefits come in many different forms, most typically designated as Defined Benefit Plans or Defined...
Tackling The Issue of Health Insurance
Often asked questions during divorce proceedings concern the issues of health insurance, continued coverage, when can I drop my spouse from my insurance, how long can one stay on the other party’s insurance, what are the costs, who covers the children, how are...
It’s That Time Again: How to Handle Filing 2020 Tax Returns (Part Two)
While the filing of a joint income return would, in most instances, yield the most beneficial tax treatment either reducing the ultimate tax due the IRS and NYS and/or significantly increasing any refunds due for overpayment of income taxes throughout the year, the...
What You Need to Know About Separate Property
The term “separate property” is often times discussed in connection with litigation and settlement in divorce proceedings. Separate property is defined in the Domestic Relations Law as that property owned by a party prior to the parties marriage or acquired by a party...