BROOKLYN, New York. The New York Times has recently reported on how New York’s Administration for Children’s Services has systemically failed poor single parents. Rather than providing poor single parents with the assistance they often desperately need, the Administration for Children’s Services will sometimes take children away, putting them in foster care. In fact, where biological parents receive no assistance, a foster family can receive as much as $1,000 for each child. Many have begun to question why poor single parents are not offered this money before the situation becomes so dire that their children are taken away.
blog
Divorce and Your Money: What You Need to Know
BROOKLYN, New York. Separating from your partner is a highly personal decision. For many, it is the toughest they will ever have to make. However, divorce is not just a personal decision, but also a legal process that can affect everything from your child custody to your finances. If you are getting divorced, it is important to consider how it will impact your money. What can you do to protect your finances during this difficult time? While money may be the last thing on your mind, here are some things to think about as you move forward.
[Read more…] about Divorce and Your Money: What You Need to Know
Help! My Ex is Spending all Our Money on His New Girlfriend
BROOKLYN, New York. Divorce is hard enough. It’s even harder if you learn that your partner is leaving you for another woman or man. Yet, if your marriage is ending due to a straying partner, you may want to consider the potential financial implications involved. For instance, if your ex is spending your shared money on gifts for his new fling, or going on expensive vacations with a new love interest before your divorce is finalized, he or she may have to pay for it.
[Read more…] about Help! My Ex is Spending all Our Money on His New Girlfriend
Can My Online Activity Affect My Custody Case?
Divorce lawyers have seen an increase in the number of clients who gather evidence for their case from their spouse’s social media profiles. In some instances, social media itself is the cause of divorce; in fact, according to ABC News, 33 percent of all divorce filings in 2011 contained the word “Facebook.”
[Read more…] about Can My Online Activity Affect My Custody Case?
4 Costly Mistakes to Avoid during Divorce
Divorce proceedings can take a serious toll on both your emotional well-being and your wallet. Forbes reminds readers that people who divorce earlier in life have more time to recoup their financial losses, but individuals who separate much later may never be able to regain their footing entirely and retire comfortably.
[Read more…] about 4 Costly Mistakes to Avoid during Divorce
How Should I Ask My Future Spouse to Sign a Prenuptial Agreement?
CNBC reports that there has been a fivefold increase in the number of couples who signed a prenuptial agreement over the past two decades. From pursuing ambitious entrepreneurial endeavors to paying down hefty student loan debt, there are countless reasons why so many couples are now drafting prenups before saying “I do.”
[Read more…] about How Should I Ask My Future Spouse to Sign a Prenuptial Agreement?
