When it seems there is no solution but divorce to resolve marital issues, some couples split their assets, consider the children, sign the paperwork, and get on with their lives. Many times, especially when there are substantial financial resources involved, things can get acrimonious quickly. A woman may need a team of lawyers, and a vocational expert New York attorneys respect, to get a satisfactory settlement.
At one time all you needed was a good lawyer to get fair child and spousal support. Today, in addition to the lawyer, many women opt to hire financial consultants. Unless you were very young when you got married, you probably had assets you brought into the partnership. You don't want to lose those or be left without enough support if you chose to become a full time wife and mother instead of working outside the home.
A vocational expert should be added to your team when you need a professional who understands the current job market. This individual will know what fields and professions are in demand. She can describe to a judge what an individual can expect to earn in a certain career, both immediately upon entering it and over time.
This professional will meet with you and assess your current situation. If you are not employed outside the home, you can discuss your educational background, previous business experience, if any, and what your career goals are. For those currently in the workforce, this professional will need to assess how your lifestyle will be impacted with only one income.
It is more common than most people think for the husband, especially one with substantial assets, to try and downplay the financial resources he has available. Some have the ability to quit their jobs entirely and show no income. They may have their company temporarily reduce income shown in order to keep from paying appropriate spousal and child support payments.
A husband's attorney might argue that the wife is a successful business person who had a lucrative career and doesn't require the support of an ex-husband. What is rarely mentioned is the fact that the wife has been out of the workforce for years in order to raise children. A vocational professional can present statistics that show how long it will take for the wife to return to past income levels.
Sometimes the husband hires his own expert, or the court orders an expert, to evaluate the resources of both individuals. In this case, you will need your own advocate to argue your side of the situation in a reasonable, professional manner. Without a representative the financial support you receive could be substantially reduced.
An amicable divorce is better for everyone than an acrimonious one. There are many times however, that money squabbles get in the way of settling quickly and peacefully. When this happens, having the best representation possible is the best option.
At one time all you needed was a good lawyer to get fair child and spousal support. Today, in addition to the lawyer, many women opt to hire financial consultants. Unless you were very young when you got married, you probably had assets you brought into the partnership. You don't want to lose those or be left without enough support if you chose to become a full time wife and mother instead of working outside the home.
A vocational expert should be added to your team when you need a professional who understands the current job market. This individual will know what fields and professions are in demand. She can describe to a judge what an individual can expect to earn in a certain career, both immediately upon entering it and over time.
This professional will meet with you and assess your current situation. If you are not employed outside the home, you can discuss your educational background, previous business experience, if any, and what your career goals are. For those currently in the workforce, this professional will need to assess how your lifestyle will be impacted with only one income.
It is more common than most people think for the husband, especially one with substantial assets, to try and downplay the financial resources he has available. Some have the ability to quit their jobs entirely and show no income. They may have their company temporarily reduce income shown in order to keep from paying appropriate spousal and child support payments.
A husband's attorney might argue that the wife is a successful business person who had a lucrative career and doesn't require the support of an ex-husband. What is rarely mentioned is the fact that the wife has been out of the workforce for years in order to raise children. A vocational professional can present statistics that show how long it will take for the wife to return to past income levels.
Sometimes the husband hires his own expert, or the court orders an expert, to evaluate the resources of both individuals. In this case, you will need your own advocate to argue your side of the situation in a reasonable, professional manner. Without a representative the financial support you receive could be substantially reduced.
An amicable divorce is better for everyone than an acrimonious one. There are many times however, that money squabbles get in the way of settling quickly and peacefully. When this happens, having the best representation possible is the best option.
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