New York Divorce Lawyer

How to Protect Your Assets During a Divorce in NYC

How to Protect Your Assets During a Divorce in NYC

 

Divorce in New York can be stressful enough but when you couple that with splitting up assets it can be a lot to tackle. Not only do you have to be concerned about splitting up assets, but you also have to be concerned with how to protect your assets in a divorce. A New York divorce mediator shares how to protect your assets during a divorce in New York City.

How to Protect Your Assets During a Divorce in NYC

Understand the Difference Between marital Property and Separate Property

 

Marital property pertains to any assets or debts that were acquired during the marriage. Marital property is able to be divided up in a divorce.

 

Separate property pertains to property that was owned prior to the marriage. It can also pertain to property that may have been received as a gift or inheritance. Separate property for the most part is not usually divided in a divorce.

 

One of the Best Ways to Protect Your Assets During a Divorce is Through a Prenup or a Postnuptial Agreement

 

A prenuptial or postnuptial agreement outlines how the assets and debts will be handled in the event of a divorce.

 

Consider Having Separate Accounts for Any Premarital Assets or Any Inheritance Funds

 

This is important to keep them from being commingled with marital assets so that it is easier to distinguish the origin of these assets.

 

Keep Track of Accurate Reporting and Records of any Assets that Were Required

 

Keep records of what the dates were and where the funds came to pay for these assets. Furthermore, make sure that you or keeping any inheritance documentation handy when needed.

 

If you're not sure about the value of particular assets such as paintings or real estate or even a family business; go to an appraiser to get an appraisal for your assets. Getting an appraisal will help your assets from being undervalued during the divorce process.

 

Keep an eye on any joint bank accounts that you have to make sure that there are not any unauthorized transactions or withdrawals. You should also keep an eye on your credit card accounts to make sure that there are not any unauthorized or large purchases that you're not aware of.

 

What to Do If You Suspect Your Spouse May Be Hiding Assets in New York?

 

Do your homework if you are suspicious that your spouse may be hiding assets. You might consider utilizing these systems of a forensic accountant who may be able to uncover any discrepancies.

 

Have Questions About Protecting Your Assets During a Divorce?

 

Call Sabra Law Group to speak to a knowledgeable New York divorce lawyer who can guide you on how to prepare for divorce and protect your assets in New York City. Call Sabra Law Group at (646) 472-7971. 

 

 

How You Can Have a Low-Conflict Divorce in New York City

Low Conflict Divorce in New YorkIt is possible to have a low-conflict divorce in New York City if you are prepared.   While being prepared can help you have a low-conflict divorce; it is important to remember that not everyone's soon-to-be ex is going to be cooperative. If you happen to have a spouse that is manipulative or narcissistic it may take a bit more work to have a low-stress divorce. A New York divorce mediation lawyer shares some tactics for having a low-conflict divorce in NYC below.

 

Get as Many Issues as Possible off the Table Before Seeking Outside Assistance

 

Before you retain the services of a divorce mediation lawyer or a New York divorce lawyer try to get a gauge for where things stand with your soon-to-be ex. Have an open and honest conversation with them to see which issues you may be able to resolve before getting outside assistance. It may be sensible to discuss things like do they want the divorce to be over as soon as possible. Or are they willing to fight it out in court because they're not willing to settle on some of the bigger things?  And even if you cannot resolve any issues, a professional will help you work through them and resolve them.

 

Focus on What's Really Important When it Comes to Divorce

 

Rather than focusing on material things, focus on the best interest of the children first and then proceed to other matters that must be resolved. Remember to not let other divorce matters take precedence over your children.

 

Refrain from Blaming Each Other and Pointing Fingers

 

Pointing out the negative aspects of your spouse is not going to help matters! Let's suppose that your spouse did cheat on you, but if you keep pointing that out to them over and over it's not going to help resolve the matters at hand. Keep your conversations focused on agreeing on key matters in the divorce. 

 

Divorce is complex and many issues have to be sorted through including child custody, child support, division of assets, and much more. By keeping your emotions out of the equation you're more likely to come to a quicker resolution that makes sense for both parties. Again, the right professional can help you stay focused on the issues at hand rather than letting your emotions interfere with reaching resolutions and making agreements.

 

Acknowledge That You Will Have to Compromise

 

By not compromising, the divorce process will only get delayed and your goal of having a low-conflict divorce will not be met. Remember that a high-conflict divorce is not only stressful but can take a toll on your mental health and the health of your children.  By not compromising, it can also end up costing you thousands of dollars more to divorce.

 

Seek the Right Support System for Your Needs

 

When you first announce to your network of friends and family that you're getting divorced; a lot of them may try to give you unwanted advice or interfere in your marriage problems. It's important to realize that not all of your friends are going to have your best interest at heart, and you have to determine who is truly there to be by your side and who is there to be judgmental. When it comes to finding the right support system, keep your circle small so that it keeps the private matters at hand more private. If you cherish your privacy, then you want to make sure that you only share private matters with friends and family who have proven to be discreet.

 

Most of All Don't Forget to Take Care of Yourself

 

Everyone knows that going through a divorce can be a taxing experience, therefore; it is important to take care of yourself. This means taking time for yourself to de-stress, unwind, take a walk, go to the gym, meditate, do yoga or do anything that you find relaxing.

 

Having to take care of the kids and possibly even having a full-time job while going through a divorce is not an easy task! However, if you remember to take some time for yourself every day, it can help set you up to be able to tackle whatever comes your way.

 

Consider Divorce Mediation in New York City if You Are Wanting a Low Conflict Divorce

 

Call Sabra Law Group today at (646) 472-7971 at to schedule a confidential consultation. Whether you want to mediate your divorce or have more complex matters that require litigation, our New York divorce mediation firm is here to assist.

 

 

 

5 Reasons Why People Fear Getting Divorced in New York City

Getting divorced in New YorkDivorce, by nature, is a scary experience to go through; however, there are some very valid reasons why some people fear getting divorced in New York City. And it's not that they fear getting divorced in New York; it's the divorce that they fear.

 

The Unknown Can be Quite Frightening

 

Not knowing where you're going to live, not knowing how you're going to financially support yourself, not knowing if you'll be able to take care of your children in the same way that they were accustomed to before the divorce can be frightening.

 

Not Being Financially Prepared for Divorce or Financially Independent

 

Another reason that some people are scared to get divorced in New York is that they may not be financially prepared for divorce. This could mean that their spouse was the breadwinner while they stayed home and took care of the kids. Therefore, they do not have a source of income coming in. So, now having to rely on child support alone can induce fear in even the most confident person. Not being financially prepared for divorce can instill some fears around the ability to take care of themselves and their children.

 

Keep in mind that even though divorce is scary is not to suggest staying in a bad marriage just because of financial reasons.  There are many ways to get the support that you need. Don't be afraid to ask friends and family to help you take care of the children while you go to job interviews, or are working on starting a new business.

 

The Fear of Not Finding Someone to Replace Your Spouse

 

This can also be known as the fear of ending up alone.  Even if you're going to be alone for a while after divorce that does not mean you're going to be single and alone forever. In fact, it is important to take time to heal from a divorce before jumping into a serious relationship too quickly. Remember to be confident in who you are and what you stand for and don't deviate from your values just because you're feeling undervalued.

 

Do You Fear Being Judged by Your Friends and Family?

 

In certain cultures, divorce is frowned upon, and family members may not approve of your divorce. However, it is imperative to keep in mind that it is your life, not theirs and you have to do what is best for your mental health and for your children. As far as your friends go it is not their place to judge your life because they cannot truly understand the dynamics of your marriage.

 

Fear of How Divorce Will Impact Your Children

 

How divorce will impact your children is definitely a valid concern. Even though divorce may impact your children in the short run, ultimately, you have to do what is best for their future. If you strongly believe that you can provide a healthier environment for them, then that is all that matters.

 

Considering Getting Divorce in New York?

 

Call Sabra Law Group today to speak to a New York divorce attorney and mediator who can assist you.  Call today at 646-472-7971.

 

 

 

 

The Reason Why More Women File for Divorce in New York Than Men

 

Why more women file for divorce in New York

Women get divorced every year in New York for many different reasons. There are some consistent themes of common reasons women file for divorce in New York.  Reasons for divorcing can vary from infidelity to domestic violence to growing apart and more.

 

Factors that Contribute to Women Filing for Divorce in New York

 

Infidelity:  A cheating spouse is one of the major reasons for women wanting to divorce.  While some women may be able to forgive their spouse for infidelity, others may not be willing to stay in a marriage with a partner who cheats.  There are also lots of other considerations, such as if an instance of infidelity was a one-time thing or if it is an ongoing situation.

 

An Abusive Husband:  Domestic violence is another reason that women file for divorce in New York.  Domestic violence does not always have to be only physical abuse.  It can also consist of emotional abuse.  Feeling trapped in an abusive marriage can be a very tough situation.  Many women want to find a way to get out of an abusive marriage and find a healthier and happier life.

 

Growing Apart:  When a husband starts acting distant with his wife, it is easy for her to get frustrated and feel isolated.  This is also common in marriages where the husband may travel frequently for work so is already not as available; and when he does have time, he is emotionally and possibly physically disconnected as well.

 

Lack of Communication:  Communication is essential in a healthy marriage and relationship.  When a husband refuses to communicate with his wife in a marriage, it can cause a strain on the marriage.  Especially if the wife has tried to communicate with her husband repeatedly without getting any reciprocation.

 

Women Opt for Financial Freedom:  Many women who have a career or business of their own and have income coming in are less likely to stay in an unhappy marriage.  Because they have the financial freedom to support their lifestyle and/or children, it is easier to walk away from an unhappy marriage.

 

Considering Divorcing Your Husband in New York City?

 

If you are considering divorcing your husband in NYC, contact Sabra Law Group at (646) 472-7971 to schedule a confidential consultation.

 

 

 

 

 

How to Determine if Your Marriage is Over in New York

Are you contemplating divorce but not sure how to tell if your marriage is over? If your marriage is coming to an end, it is easy to be in denial about it, however; there are telltale signs to be on the lookout for. 

 

6 Telltale Signs That Your Marriage May Be Headed Towards Divorce in New York

How to Tell Your Marriage is Over in New York

 

 

Telltale Sign Number 1: You fight and argue all the time and can’t seem to agree on anything.  If you are noticing that your arguments and fights are intensifying, it could be a sign that your marriage is on the rocks.

 

Telltale Sign Number 2: You no longer have the same goals and values you did as a couple together.  If you are drifting apart, you may notice that you no longer like to do the same things you once did together and are drifting apart into your own interests.

 

Telltale Sign Number 3: If you sense or discover that your spouse is cheating on you.  Infidelity is a sign that your marriage is heading towards divorce.  Even if your spouse is not physically cheating on you, they may be emotionally cheating on you.  Emotional cheating is just as hard to take in as physical cheating for more couples.

 

Telltale Sign 4: If you are married but yet feel alone and lonely all the time, it may be a sign that your marriage is on the rocks.  If your spouse is distancing themselves from you or vice versa, it is a sign that you no longer feel connected.

 

Telltale Sign 5: If you find yourself seeking validation from others constantly, it could be a sign that something is missing in your marriage.  If you are always looking for validation outside of your marriage, then you may be feeling disconnected from your spouse. 

 

Telltale Sign 6: Your spouse is being disrespectful or mentally abusive to you.  If your spouse is consistently disrespecting you or mentally or physically abusive to you, it may be time to realize that you are not in a healthy marriage.

 

Considering Divorce in New York City?

 

Even if you are not positive that you want to get divorced, it is best to know what your options are so you can be prepared if it comes to that.  If you have questions about divorcing in New York, call Sabra Law Group at (646) 472-7971 to speak to one of our experienced divorce mediation lawyers.