Regardless of the circumstances, divorce proceedings can take a financial and emotional toll on couples, especially when the process becomes tied up in lengthy legal disputes. While emotional support from friends and family is important, consulting with a financial advisor can be a game-changer in navigating the complexities of divorce.
Category: Divorce
Navigating Legal Fees in New York Divorces: Factors That Determine Who Pays
Divorce proceedings can be emotionally and financially draining for all parties involved. In New York, the division of legal fees often becomes a point of contention. Several factors influence who pays the legal fees in a New York divorce. At Aiello & DiFalco, we understand the complexities of divorce and are...
Divorce Litigation vs. Mediation: What’s Right for You?
The divorce process can be a stressful time for any New York couple. Court dates, financial paperwork, and child custody battles can make the process more difficult.
In New York, couples have the option to go through mediation before going to court. However, direct litigation may...
Data Security and Privacy During a Divorce
Regardless of the circumstances, divorce proceedings can take a financial and emotional toll on couples, especially when the process becomes tied up in lengthy legal disputes.
Emotional support from friends and family is important as you transition into a new chapter in life. With most people relying on...
How Children’s Expenses Are Divided in a Divorce
Divorce can be particularly taxing for couples who share children. On top of complicated asset division, you and your spouse will need to make difficult decisions about the future of your children.
New York law requires divorced parents to provide financial support for their children and cover basic needs...
How Can I Protect My Investments or Stock Portfolio in a Marriage?
Trading stocks is one of the most popular forms of investing. For many New Yorkers, the stock market significantly contributes to providing financial security. As such, if you're thinking about marriage, you may be wondering how to protect your investments.
The law views stocks and other investments as assets,...
How Soon Can I Remarry After Divorce?
It’s not uncommon for a recently-divorced individual to want to remarry again soon after a divorce is finalized. In some cases, the desire to enter into a marriage with another may be the primary motivator for divorce. In others, a recently divorced person may meet a new partner who is a...
The Ins and Outs of Grey Divorce
Divorce at any age can bring a whirlwind of emotions. When divorce occurs in the later years after a long-term marriage, it tends to be a decision that can be difficult emotionally — and also financially.
“Grey divorce” is a commonly used term that refers to ending a marriage...
Who Is Responsible for Paying the Attorneys Fees in a Divorce?
Many divorcing couples in New York may assume that each spouse pays for their own divorce attorney, but this isn’t always the case. When couples negotiate the split of joint assets and property, one of the considerations is whether one spouse will pay the attorney's fees for the other.
Who Gets to Stay in the House During a Divorce?
From the beginning of a divorce, you’ll need to start making important decisions for yourself and your children. Determining which spouse can remain in the home during the divorce is one of the first decisions spouses must make.
If spouses are amicable, it is possible...