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May 2014 Archives

New York judge: Property division done when spouse dies

A New York man has encountered what is likely his last legal roadblock in his mission to recover assets from his deceased wife. The man, who was in the process of divorcing the woman when she committed suicide, was seeking a property division judgment in connection with his spouse's life insurance and retirement accounts. She had removed him as a beneficiary from those accounts, instead leaving the money to the couple's 10- and 13-year-old daughters.

Is divorce contagious? A new study suggests that it's spreading

Achoo! That cold you have could be contagious -- but could you also be catching divorce? A new study out of Brown University shows that New York residents and others may actually be more likely to go through a divorce if they see a friend or relative experiencing the process.

Is your student loan debt considered marital property?

We talk about student loans a lot when discussing bankruptcy, but did you know that this type of debt could actually come up during your New York divorce? For many younger couples today, part of getting married simply means that they will be taking on each other's debt. Although some existing debt may be considered joint marital property, student loans generally do not fall into that category. That is, the person who incurred the educational debt will likely still be responsible for it even after a breakup.

Sunday, October 22, 2017

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