Do you have questions about handling money during a divorce? If you are going through a contested divorce, you will want to make sure that your assets are protected. Contact our Saratoga County attorneys today for expert legal advice.
Should I File a Joint Tax Return?
You can file jointly if you are not divorced before the end of the tax year. You’re better served seeking the advice of a tax specialist rather than only an attorney in this case. While filing jointly may save both parties money, there may be other complicating factors to consider.
Should I Open a New Bank Account?
It will be a good idea for you to open your own bank account as soon as possible, even if you are still living in the same household as your spouse. Any income you make after one party files for divorce is yours, and not subject to equitable distribution along with marital assets. If you continue to deposit paychecks into a shared account, it may be difficult to keep these funds safe.
Can I Make My Spouse Pay Attorney Fees?
In New York State, courts presumptively entitle the less moneyed or non-moneyed spouse in a divorce case to an award covering attorney fees. You may request this in court. This presumption rests, of course, on the income disparity, but a judge might consider other factors.
If you want fierce legal representation for your divorce, please call our experienced Saratoga divorce attorneys today.
