How to Plan for Retirement When Going Through a Divorce in New York
Going through a divorce can be a very difficult thing. This is especially true if you are nearing retirement. In such cases, you have to bear the risk of losing out on a significant portion of your savings. However, this does not need to be the case. With the right kind of legal guidance and prudent planning, you can protect your retirement fund. Here are some important factors to consider:
- Pre-Nuptial Agreement
In this day and age where almost half of all marriages in the US end in divorces, it is completely negligent to not have a prenup. While you might enter into a matrimonial bond purely based on romantic feelings, that does not exempt you from being prudent. However, most divorce cases do not have a prenup and if you are reading this, then, while it is probably already too late for a prenup, a post-nuptial agreement may be appropriate. Nevertheless, any person looking to get married should invest in a prenup that protects them, their assets and their children in case of divorce.
- Grounds for Divorce
During the hearing of a divorce case, it is very important to explain its cause. For example, if your spouse has had an adulterous relationship, then that is certainly grounds for divorce. Further, you can protect your finances from being split up with your former spouse. However, you are going to need sound professional advice in order to make that happen.
- The Agreement
It may happen that you want to get a divorce, but your spouse does not. Or it can be the case that your spouse has filed for divorce and now you might lose part of your savings. In such situations, you should seek out legal help as soon as possible. The details of every case are unique as are the people who are going to be advocating for each side. The best way to come out on top is to hire reputable and experienced divorce lawyers who can negotiate a favorable divorce agreement on your behalf.
Where Can You Get Legal Help to Plan for Retirement and Divorce in New York?
Sabra Law Group is one of the leading divorce specialists in New York. Sabra has helped countless clients resolve their divorces with the least impact possible on their retirement plans. Ensure your freedom and future security comes at the least possible price. Call 646-472-7971 and book an appointment with Sabra today!