Articles: Assets, Liabilities and Distribution
Jerry Fabiano explains how to examine the total economic picture during divorce, rather than focusing on a single factor. He touches on retirement accounts, the marital residence, and asset substitution.
When couples are separating or divorcing, there are a variety of ways to separate and divide household goods and personal property.
A qualified domestic relations order (QDRO) may be needed in a divorce to share retirement benefits accrued during a marriage.
Perhaps the biggest issue that most couples face when considering a separation or divorce is what to do about the marital residence or home.
Mediation during separation helped to resolve a NYS STAR program problem so that each member of the couple could benefit.
Retirement and pension plans are subject to equitable distribution in New York divorces