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Putting On a Brave Front: How to Ensure a Happy Holiday for Kids of Divorced Parents

With the holidays just around the corner, the stress of handling seasonal demands – from holiday parties to school events to family gatherings – can become heightened if divorce has also been thrown in the mix. Beyond the added commotion brought on by this time of the year, different emotions may be stirred up for […]

Things to Consider When Approaching Retirement & Estate Planning

Transitioning into retirement can be a daunting process. Planning for this chapter in life can be even more intimidating. In both situations, it is important to take an honest look at your financial picture and change areas that need adjustment – if possible.  If you or someone you know is nearing retirement age and needs […]

Do the Beneficiaries on a Bank Account Supersede a Will?

The quickest way to undo an otherwise carefully-thought-out estate plan is the use of a bank, brokerage or retirement account. The reason for this is because the beneficiary designations on these accounts generally override a will. So, in theory, a wonderfully planned will can come undone due to carelessly named beneficiaries. If you or someone […]

Step-Parenting & Blended Families: Best Practices

It is estimated that three-quarters of the more than 1.2 million Americans who undergo a divorce annually eventually marry again. Because most first marriages result in offspring, these subsequent marriages result in a life that is often more complicated than it was before. Multiple children’s schedules, disputes between step-siblings, problems with former partners, and adjusting […]

Joint Legal vs. Physical Custody in New York

Custody orders can be confusing. Aside from the legal terms themselves, New York statutes are not crystal clear. In fact, state law does not reference legal or physical custody at all but, instead, refer to custody as a whole. That being said, all New York custody orders broach the of notion sole, joint, legal and […]

Ashley Madison Hack: Continued Consequences

Avid Life Media (Avid), the parent company of Ashley Madison – the infidelity website that made headlines across the globe when hackers revealed its users’ private information – has put out a reward for anyone who brings forth information on the culprits, according to a recent Fortune Magazine report. Avid has offered $377,000 for information […]

The Basics of a New York Divorce

Divorce, sometimes called a matrimonial action, is the legal ending of a marriage by court order. In New York only the State Supreme Court, not family court, handles divorce cases. While family courts do not handle divorce cases, they handle other divorce-related issues including: child custody, support, and visitation; spousal maintenance; and paternity rights. A […]

Joint Custody Means Less Stress for Kids

A recent study published by the Journal of Epidemiology & Community Health (JECH) found that children of divorced parents do better when they spend time living with both parents. Time Magazine reported on the study, which broaches the heated issue of which type of custody arrangement is best.

Factors to Consider When Calculating Child Support

Perhaps the most important elements of any family law case involving children, second to visitation rights, is child support. Child support is a court-ordered financial maintenance of a child. Child support laws across the nation impose a legal obligation on a parent to support a child, up to age 21, regardless of whether the child lives […]

10 Sound Financial Planning Steps to Take After Divorce

Updated September 14th, 2017 While going through a divorce can be extremely stressful, it is important to understand that the changes don’t end when the ink dries on the legal paperwork. Life as a single person brings on new responsibilities – including those surrounding personal finances. If you or someone you know is going through […]