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January 2017 Archives

How divorce affects Social Security benefits

Even if a New York resident is nowhere near retirement age, Social Security benefits should still be a consideration when a marriage ends. During marriage, a couple might believe that between them, they could receive enough income from Social Security to live comfortably. In most cases, one party receives more benefits due to having a larger income through the years. After a divorce, the party who made less money could be at a disadvantage when it comes to receiving these benefits.

Special considerations in a gray divorce

After spending decades with the same person, the lines between the two individuals are often blurred, and the same goes for their finances. When a New York couple who has been married for decades decides to divorce, panic can set in because neither person has been on his or her own for quite some time. With some research, planning and sometimes difficult choices, that panic can be replaced by excitement for the future.

We can help. email or call (631) 615-1724 to schedule a free consultation today.

Phillip J. Jusino & Associates, P.c.

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Divorce: a Practical Guide

Divorce: A Practical Guide

Attorney Jusino’s new book on divorce is an easy read and full of valuable information. Learn More