Couples often come to marriage with some of their own assets and income. Once married, they may decide to combine their money into a joint account in which case it becomes...
Property Distribution
Who Gets Custody of Pets in Divorce?
In divorce wars, there is a potential new battle over pets. The New York State legislature has passed a bill addressing who gets custody of pets in divorce. The bill has not been...
What Are Your Obligations to Maintain Property During the Divorce Process?
Once a divorce action is filed, the couple’s financial relationship changes even though the marriage is still intact legally. This has important ramifications for both parties as...
How Are Proceeds from the Sale of the Marital Home Divided After Divorce?
After a divorce, it is common for the marital home to be sold unless one party wants to buy out the other party’s interest in the home, or if the couple has young children and...
What Are Your Rights to Your Spouse’s Stock Options in Divorce?
When spouses file for divorce, their marital property will be equitably distributed between them with equitable not meaning equal but fair under the circumstances. Generally, it...
What Should You Do If Your Spouse Puts Marital Assets into a Trust Without Your Consent?
Generally, trusts are considered the separate property of the spouse named as beneficiary. However, that is not true if the assets in the trust contain marital property. The...