Tips for buying the first home after a divorce

Meghan Markle Ex Husband

After divorce, one of the first things you often need to do if find a new home – if you were not awarded the marital residence in the settlement agreement. Sometimes, depending on your income bracket, you may be looking for a new time share or vacation home in addition to just a new post-split domestic domicile. Often times (but not always) you will be downsizing since not only the family unit is smaller but so too is the wallet size given that once there were two and now there is only one. So these can be very stressful undertakings and considerations. Here are some tips for maneuvering the situation without completely becoming undone in the process. (click the title above to continue)

DIVORCE HELP: 8 questions answered by a divorce lawyer

new spouse and kids don't get along

What are the grounds for divorce?In every state in the United States, divorce can be obtained with no grounds. All a party has to say is that the marriage is over and he or she can get a divorce on the basis of “irreconcilable differences.”

Want a divorce?: How to tell your husband (or wife) you want a divorce

postnuptial agreement

So. You’ve decided that you want to file for divorce and you are wondering how to break the news to your spouse. Asking for a divorce, or telling your spouse you want a divorce is serious business, not to be handled in a blasé fashion. If you think your spouse will be blindsided, you really need to think about when and how you break the news for any number of reasons.

On divorce & real estate: is the economic downturn making selling the marital residence a losing proposition?

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Each winter, I try to make a couple of trips out to Bridgehampton via the Long Island Railroad. I find it incredibly beautiful and relaxing and usually tote a few magazines which I can read over the course of the two hour trip. But I hardly ever read because I am always so enamored with the winter …

Read moreOn divorce & real estate: is the economic downturn making selling the marital residence a losing proposition?

NEW YORK: Hartog v. Hartog 605 N.Y.S.2d 749 (1993) Selling the marital residence, Taxes

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Selling the marital residence, Taxes The Hartog case stands for the principle that when the marital residence is sold, the spouse’s distributive share will be reduced by the taxes. That will include capital gains taxes, if any. The capital gains exclusion for a married couple in New York is about $500,000. So if the difference …

Read moreNEW YORK: Hartog v. Hartog 605 N.Y.S.2d 749 (1993) Selling the marital residence, Taxes