Divorce and Tax Consequences

According to the Pew Research Center (03/09/2017) Americans ages 40 and older are at an ever-increasing risk of divorce. From 1990 to 2015 the divorce rate rose 14% among those age 40 to 49, and 109% among those 50 and older. Besides the emotional stress of a divorce, you also have the stress of dividing […]

Prenuptial Agreement

No one should get married without a Prenuptial Agreement in place! It doesn’t matter how much or how little you have, you always have to protect yourself! You are making the biggest decision of your life to marry someone. And second and sometimes third marriages—and the extended families that sometimes come with them—require financial and […]

Senior Love

Often after the death of a spouse or a divorce, seniors find themselves in love again. But is marriage necessary? For financial reasons, many older couples make the decision to live together, but not get married. A partner who remarries stands to lose social security or a survivor’s pension. She (or he) may also lose […]

Same-Sex Divorce

If you thought that the fight for same-sex marriage was difficult, now that same-sex marriage has been legalized in New York and several other states, until it is recognized by the federal government, there are going to be many complications—the most important one being divorce. New York State’s law, for example, allows same-sex marriage not […]

Same-Sex Marriage

Now that same-sex marriage has gotten over a major hurdle and passed in New York State in 2011, the biggest hurdle will be getting it to become a “law of the land.” On the surface it seems that gay couples will be on even footing with heterosexual married couples—but that is not the case. Same-sex married […]