Since 1989, Americans have had to deal with credit scores. Your score, which a few credit bureaus compile, tells lenders whether you are likely to pay back the money you borrow. Consequently, virtually all financial institutions consider your credit score when deciding whether to extend credit. While a credit score provides a snapshot of your creditworthiness, a credit report offers…
Joint custody allows divorced parents to share the responsibilities of raising children. If you are a parent going through a divorce, you might wonder if joint custody is an appropriate choice for your family. To make an informed decision, it is important to review child custody works in the state of New York. Joint physical custody In New York, the…
If you have a new baby but you and the other parent are not together, you may be in a situation where you have to figure out parenting time. This can be a challenge since, at this point, the child is very dependent. However, assuming the child should only be with one parent is a bad idea. Babies need to…
Setting up a life insurance policy helps provide for your family in the event of your death. However, you and your spouse may have decided to call it quits on your marriage. If divorce is in your future, you probably do not want your spouse to benefit from your life insurance any longer. While you may have the ability to…
Divorce may separate you from your spouse, but it does not have to cause a division between you and your children. Every family has a different approach to co-parenting. The most crucial aspect of any parenting plan, however, is to ensure the safety and stability of your children. Birdnesting, explains Psychology Today, is a co-parenting method that allows your children…
Splitting from your spouse could completely change the dynamic of your family and disrupt the routine your children rely on. It could leave them feeling confused, angry and uncertain. Given the gravity of the situation, it is not unlikely that your children will react. Knowing some of the challenges they could face along the way may help you prepare to…
Divorce is not an easy solution for relationship issues. Divorce is expensive, complicated and life-changing, not only for the couple involved but for friends and family as well. For this reason, many people hold out as long as they can before resorting to divorce. What drives the divorce decision? Deciding to divorce can feel like a slow burn; the decision…
Divorce can be a scary time because you do not know what you might lose because of the process. Many kinds of assets can fall under property division. You may have heard that retirement accounts are also eligible for division. Does this mean your Social Security is at risk? You deserve to have peace of mind concerning assets that you…
Even if ending your marriage is the correct decision, you are apt to experience complicated emotions regarding your upcoming divorce. According to Psychology Today, these are likely to include resentment, anger, sadness or even a fear of the unknown. While these emotions are exceedingly common, you should have a strategy for dealing with them. Everyone is different, of course, so…
No matter where you are in the divorce process, you may find it hard to cope with all the emotions you feel and the stress that overwhelms your life. Learning about techniques and ways to combat this stress can help you as time goes on. Find an outlet According to Psychology Today, one of the best ways to manage the…
New York child support lasts until the age of 21. This means parents who go through a divorce have the responsibility to pay for most, if not all, of college tuition. However, not get this confused with custody or visitation because the child becomes an adult at 18. So although the non-custodial parent has financial responsibilities to the child after…
For as long as asset division laws have been in place, people have been trying to get around them. Despite the fact that this is illegal, many feel it is their right or in their best interest to try hiding assets anyway. To that end, many have utilized cryptocurrency and other means of digital currency to try getting away with…
