Love may overcome a future spouse's financial and legal troubles for many in Buffalo. Before marriage, however, it is important for a spouse who is marrying someone who already has financial or legal problems to take precautions and ensure there are protections in...
Divorce
Do a financial exam before divorce
Deciding whether to end a marriage is a life-altering and emotional experience. But a spouse, especially one who was not heavily involved in business or the couple's finances, should also take steps to determine the financial impact of their divorce.It is important to...
Divorce post-script
A marriage may legally end with a divorce decree. Planning for divorce, however, should also include taking actions after the decree is issued. A spouse who was on their ex's health insurance policy must obtain their own policy. Likewise, the ex must be removed from a...
Unfriending some technology in divorce
Electronic media and personal electronic devices can become a headache after a couple ends their marriage or a relationship. because of this, a person should make important technology changes when planning for divorce.Couples usually know each other's mostly-used...
Basics of same-sex divorces
The U.S. Supreme Court struck down legal restrictions to same-sex marriages in 2015. But these marriages are not immune to the possibility of divorce that impacts other marriages. Same-sex couples planning for divorce also face unique problems.Before the Court...
Changing agreements after marriage
Pre-nuptial agreements may be helpful to resolve matters if a couple ever decides to divorce. But a prenup may not be modified or amended after marriage. Couples, however, can prepare new post-nuptial agreements that can deal with issues such as property division if...
Emotional soft landing in divorce
Splitting up a marital relationship has legal, financial and emotional costs. But there are ways to soften the emotional impact of divorce which can help ease the resolution of other issues.In addition to reaching agreement on legal issues such as property division,...
Divorcing financial advisors
The divorce process begins the dismantling of the couple's emotional, financial and legal relationship. Planning for divorce should also include a spouse's separation from any advisor that is being used by their soon-to-be former spouse.A spouse should seek their own...
New York couples race divorce deduction
For over 70 years, spousal support was deductible from federal taxes for the paying spouse. Starting Jan. 1, however, this deduction will be eliminated under the new tax law. This has already made spouses hasten their divorce settlements and change their planning.Its...
Pet custody in divorce
Ending a marriage involves numerous difficult issues, such as child custody and support, property division and spousal support. Recently, pet custody has become a more important divorce issue, even though there is little legal guidance over it.Millennials have less...