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Getting a divorce? Negotiating a fair settlement is possible

There are a lot of financial concerns that accompany the dissolution of marriage. It is not unreasonable for soon-to-be exes to want to walk away from the marriage with a fair divorce settlement. Unfortunately, many couples in New York and elsewhere may feel that getting a just settlement is not really a possibility. With the right help, though, it is possible for you to get a fair distribution of assets.

When going through a divorce, couples are supposed to supply a detailed inventory of assets. Having this list allows each spouse the ability to ensure everything is accounted for and to address any missing information. Hiding assets, though it does happen, is illegal and can only hurt the offending party down the line.

After a list of assets has been pulled together, legal assistance is available to help obtain proper valuations of property and to determine which — if any — assets are considered separate property. Further guidance may be offered regarding prenuptial agreements and potential challenges to such documents. To learn more about how an attorney can help with these specific issues, please vis it our New York Property Distribution Lawyers webpage.

Numerous couples in New York will deal with high asset or complex divorce cases. Regardless of how complicated one’s situation may be, an experienced attorney will be able to help sort out all of the details and help negotiate a settlement that is fair for the client. While it is not uncommon for a couple to want to finalize their divorce swiftly, this does not mean either party has to or should quickly accept a mediocre or unfair settlement that will hurt their future financial positions. Taking time to negotiate is important and will only prove beneficial when all is said and done.

Important Information

COVID-19 (Novel Corona Virus)  Update 3-20-2020

By order of Governor Andrew Cuomo, beginning 3-22-2020, all non-essential business in New York state must close their physical offices in response to the rapid rate of positive reported cases of COVID-19 in New York State.

Although this will impact the in office and in person services that LIT can provide, we will still be working remotely from our homes to serve our existing clients and we will continue to serve the public on a remote basis with any new legal matters for which they may need assistance.

We as a nation have overcome great obstacles in the past and although the challenges that lie ahead of us as community, as a state, and as a nation are great, we will overcome them as our resilience as individuals, as a community and as a nation will allow us to prevail.

May all of you and your loved ones be safe and well .

Larkin, Ingrassia & Tepermayster, LLP

Should you have any questions please feel free to contact us at 845-566-5345

For more information regarding the COVID-19 virus please visit any of the following sites:

Centers for Disease Control and Prevention

NYS Department of Health

Orange County Dept. of Health

Ulster County Dept. of Health

For information and updates regarding court postponements or closings please visit:

NYS Unified Court System

9th Judicial District

3rd Judicial District