Filing for a divorce is often one the most emotionally trying and stressful things a person can go through. Even when the divorce is amicable, dealing with financial affairs, visitation, and custody can quickly lead to contention and become overwhelming.
As a top-rated New York family law firm, Brian D. Perskin & Associates P.C. has a deep understanding of the legal complexities surrounding divorce cases and how to best protect the rights and interests of their clients.
Their dynamic team of experts and talented legal professionals are passionate about helping their clients achieve a positive outcome and will fight hard to make that a reality. Compassionate and caring towards clients, yet known for their aggressive, intelligent and strategic tactics in and out of the courtroom, Brian D. Perskin & Associates P.C. has built a reputation as a trusted and highly acclaimed New York law firm.
Financial Strategies and Budgeting when Facing Divorce
Divorces are a very personal and often emotionally charged event. Yet one often overlooked aspect of a divorce is a client’s finances. Brian D. Perskin & Associates P.C. offers advice that those facing a divorce can leverage in order to help them create a budget and position themselves better financially.
Money: a primary driver of divorce
A number of studies have linked financial stress, hardship and debt to divorce. It should come as no surprise that financial concerns rest heavily on the shoulders of those both married and single in America.
Yet financial woes don’t end with divorce, in fact, according to Brian D. Perskin & Associates P.C. financial distress can often become exacerbated by a looming, pending or processed divorce. There are, however, things individuals can do to better budget and plan for such circumstances.
Gather Paperwork & Track Expenses
This simple yet critical step can help establish the foundation and framework for creating an accurate and effective budget and financial plan. At this stage, both joint and individual financial information should be compiled.
Include such items as:
- Bank statements for all accounts
- Credit card statements
- Investment and retirement account statements
- Any other debts
- Recent pay stubs, tax returns
- Property tax information
- Any business information
Another simple yet vigilant step is to track all of your expenses and spending habits in order to find opportunities to cut back and optimize.
Talk to an Experienced Local Attorney
A local NY based attorney or law firm such as Brian D. Perskin & Associates P.C. understand the nuances of local laws and court proceedings. They can help accurately advise clients and help them understand their rights under New York law, providing them with vigorous representation and a strategy designed to help turn the tables in their favor in order to achieve a positive outcome.
Post-Divorce Budgeting Tips
- Look into multiple income sources such as a second job or turning a hobby into a small business
- Avoid any major purchases
- Establish an “emergency” savings fund
- Find ways to cut back on expenses
Experienced New York Divorce and Family Law Firm
The aggressive and strategic attorneys at Brian D. Perskin & Associates are here to help. Whether you need financial advice for the divorce process or experienced, fearless litigators to fight for you in court – we are here for you. Call us now at (718) 875-7584 for your free consultation.
Company Name: Brian D. Perskin & Associates P.C.
Contact Person: Brian D. Perskin
Email: Send Email
Address:600 Third Avenue, 2nd Floor
City: New York
State: New York
Country: United States