For some couples, retirement is when they feel they finally get a chance to spend time together after decades of working hard to build their lives. For others, it leads to a realization that they're living with someone they don't love anymore.
Student loan debt is a significant financial burden for many Americans. After graduation, the average U.S. student owes $37,172 in student loans, and roughly one in four adult have student loans.
Not every couple that chooses to get married will elect to draft and execute a prenuptial agreement before formalizing the relationship between the partners in marriage. Those that do, though, create contracts that can dictate how certain financial and property-based decisions will be handled in the event that the marriages end in divorce. Because of this, individuals who entered into prenuptial agreements with their spouses may not be able to change the decisions that they made in the past regarding certain divorce-related topics.
The cost of obtaining a college degree in the United States has skyrocketed in recent years. Although some New York students may be able to keep their educational costs in check by electing to attend one of the state's excellent public universities, others may choose to follow their hearts to the private schools and out-of-state institutions of their dreams. In the end, students may leave their college years with more than just new degrees: they may also have acquired significant student loans.
Disagreements often form the backbone of many New York divorces. When the parties to a legal relationship cannot work out their differences and cannot foresee a future where they will be able to live together, they may decide to end their marriage through the courts. Couples that divorce in New York may elect to use the state's no fault option, which generally asserts that their marriages are broken and cannot be fixed; they may also use one of the recognized fault-based options to bring their marriages to their end.
Once the decision to get divorced is made, most people want the actual process to be over quickly. Unfortunately, that’s not how the system works. The process takes time, and the divorcing couple has a number of restrictions placed on them.
Deciding to pursue a divorce is often a difficult decision for New York residents. Most people have a plan and it gives them comfort-they know what they want to achieve and how to go about achieving it. The decision to divorce often throws a curveball into the situation and also leaves people confused-what are they supposed to do next and how does one achieve a divorce?
New Yorkers like to think that they are very progressive in both thought and action, which is probably why it may come as a surprise to them that a recent study found that a woman's promotion at her job may increase the chances of her getting a divorce.
According to some experts, couples are at their most optimistic and affectionate with one another right after they get engaged. It seems natural -- an engagement signals the beginning of something new, a journey a New York couple is undertaking together. It might seem counter-intuitive to discuss divorce at this time of celebration, but some experts suggest this could be the best time to discuss it.
Not every divorce has to be acrimonious. It is possible that a couple amicably agrees to end their association with one another and as a result, there are no disagreements as to major divorce issues, such as child custody and alimony. New York residents may have heard of the term 'uncontested divorce' used in this regard.