Marc Jacob

Division of assets is one of the hardest parts of a divorce. While there are overarching guidelines for what property accrues to which party (separate vs. marital assets), the issue of dividing debt can be even harder than valuing and distributing your marital assets. If there are clear … [Read more...] about How Do We Divide Debt In A Queens Divorce?

Possibly. In a marriage where both spouses have been contributing to mortgage payments, repairs, upkeep, and taxes, then your spouse may have a claim to the appreciation as a marital asset. There are many complicating factors, and these issues often result in drawn out litigation to … [Read more...] about My Separately Owned Home In Queens Has Appreciated During The Marriage. Is My Spouse Entitled To Any Of The Increase In Value?

It’s certainly possible to get some of your investment back if you paid for a renovation or otherwise put money into a separate asset like a home. These issues are necessarily complex, and many things will factor. If the investment happened many years ago, you shouldn’t expect a large return … [Read more...] about Am I Entitled To Compensation If I Invested Heavily In Our Queens Home, Which My Spouse Owns Separately?

Yes, judges in Queens presume that the lower earning spouse in a divorce will have greater financial needs than their income allows, and typically award temporary maintenance in those circumstances. Working with experienced divorce attorneys is the best way to ensure that your temporary … [Read more...] about Is Temporary Maintenance Presumed In Cases Where A Queens Couple Have Very Different Incomes?

Yes, the sale of your home can be delayed until after your youngest graduates high school, though if your youngest is very young, a judge may question how realistic the plan is. After all, if you’re going to wait thirteen years for your five year old to finish out at the local high school, it’s … [Read more...] about Can Our Agreement About Our Queens Home Be Contingent On Our Youngest Graduating High School?