The military lifestyle is hard on both the service member and their spouse. For some military couples, their relationships may ultimately end in divorce. When going through a divorce, many military families experience the same concerns and issues that civilian ones do. However, military couples must take other important factors into consideration, such as which state to file in, division of pension benefits, division of military benefits, and legal representation. Continue reading “New York Military Divorce”
Tag: division of assets
Will a Divorce Affect My Last Will and Testament?
After an individual executes a Last Will and Testament, there may be changes in their life that could affect the way their assets are distributed under their last will and testament. One of the more common changes that may affect a Will is a divorce. A divorce can be an overwhelming experience, and often times, people do not think about the important estate planning implications that a divorce may have. Continue reading “Will a Divorce Affect My Last Will and Testament?”
Student Loan Debt and Divorce
When assets must be divided a divorce can become messy. Many forget that not only are assets being divided but debts are often split as well. With the growing number of individuals accruing student loan debt it may be helpful in understanding who bears the responsibility of paying it back. Continue reading “Student Loan Debt and Divorce”
When to Challenge a Prenup
A prenuptial (or premarital) agreement is a legally binding contract that a couple will establish prior to marrying and comes into effect once they tie the knot. Prenuptial agreements can specify how present and future financial assets, investments, property and money will be divided, should the pair divorce. Under certain circumstances, the specifications of the prenuptial agreement may be adjusted and, in some instances, the entire prenuptial agreement can be deemed invalid. Continue reading “When to Challenge a Prenup”
