When navigating a divorce, the complexity of asset division can be particularly daunting. In his video blog, Ken Jewell delved into the nuances of asset division, and explored potential strategies to protect your interests in a divorce. How Is a Business Divided in a Divorce? A business is considered an active asset, meaning it is […] The post What to Know About Asset Division in A Divorce appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

It’s not unusual for couples to be uncomfortable talking about money. Our society and many families teach us to avoid financial discussions and/or be embarrassed about sharing financial information. However, talking about finances before marriage can minimize conflicts later. Raising money issues with a fiancé, especially in the context of requesting a prenuptial agreement, unfortunately, […] The post How to Avoid Damaging Your Relationship When Asking for a Prenup appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Matrimonial judges aren’t infallible and they can make mistakes in their decisions. When that happens, you have a few options to try to rectify it. While you’re taking these steps, however, you also want to stop enforcement of the court order so you don’t have to comply with it. Challenging a Judge’s Decision If you […] The post Can You Stop Enforcement of a Court Order in Divorce While You Challenge a Decision? appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Divorce can wreak havoc on your finances. Hiring an attorney, setting up a new household, dividing assets and paying increased expenses can hurt your short and long-term financial condition. This is particularly true if you let your negative emotions affect your negotiations with your spouse. The longer the divorce goes on, the higher the legal […] The post How to Protect Your Financial Future During Divorce appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Many married people think that what they earn is their separate property. This is especially true if their income goes directly into a separate bank account under their name only. However, marriage doesn’t work that way. It’s an economic partnership and each spouse has a right to 100 percent of the other spouse’s earnings during […] The post Is Income Earned During Marriage Considered Marital Property? appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Many couples have marital problems for a long while before they file for divorce. They may feel their marriage is failing but harbor doubts over whether to start the divorce process for emotional, financial or other reasons. If you’re in this situation, no one can tell you when it’s the right time to end your […] The post Signs You’re Ready to Get a Divorce appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Generally, when there are post-divorce disputes over a couple’s settlement agreement, there are a few paths upon which a party may proceed. Most people jump to litigation. It is important, however, to consider whether you can negotiate a resolution instead. It is usually faster and cheaper to stay out of court especially if the dispute […] The post Should You Litigate or Renegotiate Your Post-Divorce Dispute? appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Following divorce, it is possible that your credit will be affected. There are a few reasons this can happen. Some of these you can control, while others you cannot. Importantly, you want to run your credit report to determine if your credit score has changed or become inaccurate so you can take whatever steps may […] The post Can Your Credit Be Affected by Getting Divorced? appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

In 2017, the Tax Cuts & Jobs Act (TCJA) altered the federal tax treatment of spousal support by eliminating it as a tax deduction to the payor. This law also made other changes to the tax code including raising the estate and gift tax exemption and changing certain tax rates. Many provisions of the TCJA […] The post Will the Taxation of Spousal Support Change If the Tax Cuts & Jobs Act Expires? appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more

Married couples have two options when filing their tax returns. These are married filing jointly and married filing separately. During the divorce process, either of these options is acceptable because the marriage is still in effect. Which one is better depends on your circumstances.  Should You File as Married Filing Jointly or Separately? Under the […] The post How to File Your Taxes When You Are Getting Divorced appeared first on Ken Jewell Law | Matrimonial Law | New York, NY ..read more