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What is Bigamy?

Bigamy is the act, or intention, of entering into separate marriages with persons that have a living spouse, or entering, or intending, to enter into a marriage when you have a living spouse. The act of bigamy is a class E nonviolent felony and will result in no jail time, but you may […]

A Forensic Accountant May Be Helpful in Obtaining the Proper Valuation of Assets in a Divorce

Many individuals going through a divorce often experience issues when it comes to the division of financial assets. During a divorce, marital property such as assets and debts are divided between the two parties. While an attorney can assist in negotiating the division of assets, a forensic accountant may be instrumental in assisting in complicated […]

Common Mistakes To Avoid When Going Through A Divorce

Finances Make sure you have knowledge of all household finances. If a spouse manages all of the economic decisions and earnings, that spouse will have an advantage in the divorce. It is important to be aware of what household expenses cost, as well as any joint earnings or holdings. You should gather as much knowledge […]

Amendments Change how Division of Assets and Post-Divorce Maintenance are Calculated

The amendments to Domestic Relations Law §236 are now applicable law since the New York Legislature and New York Governor Andrew Cuomo passed them last year. Improving spousal maintenance guidelines has been an ongoing discussion since 2010, culminating in the new changes. The amendments mark a compromise between lawmakers, advocates, and various family law rules […]

The Complexity of Second Divorces

As quoted by many sources, the divorce rate hovers around 50 percent for first marriages in this country. Second marriages have an even higher rate of divorce, generally stated to be around 67 percent. That means more second-timers file divorce petitions and these are often older people, many of whom are retiring or approaching retirement.

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