Separation Agreement as An Alternative Option to a Divorce

An Alternative Option to a Divorce During the Coronavirus Lockdown

Many New York couples are feeling the pressure right now. Whether it is due to the fact they are laid off, or are suffering to keep their small commercial enterprise alive, they’re staying home with their extensive other throughout the COVID-19 pandemic. And at some point of this time, they realise that their companion isn’t always proper for them anymore. I lately acquired a name from a wife who’s married for 6 years asking me for statistics about how to file for a divorce during the Coronavirus lockdown. I asked her why she desires a divorce, and he or she stated “I can’t be in this stressful dating anymore. We both agree that we are not intended for each different.”

As Governor Andrew Cuomo continues to extend the closure of groups for non-vital employees, divorce courts are operating best on an emergency foundation and are not accepting new divorce filings. But that doesn’t mean that couples should wait till the lockdown is lifted to begin the divorce system. Right now’s the time to move closer to growing a divorce strategy because the stock market is down and consequently you could lock inside the low fee of your belongings and guard your self for the destiny. For example, in case you very own a commercial enterprise, stock portfolio or retirement debts, your partner is entitled to 50 % of what has accrued from the date of the marriage till the date of the filing of the divorce. But what are you able to do if divorce courts aren’t accepting new instances?

Separation Agreement as An Alternative Option to a Divorce

Separation agreements can even lock inside the date of the accumulation of marital belongings, which could prevent money ultimately. I have successfully furnished couples which can be not able to report for a divorce due to the Coronavirus lockdown in signing a separation agreement and preventing the accumulation of marital belongings. When courts subsequently reopen, the ones couples can convert their separation agreement into a divorce and the terms of the separation agreement are integrated into the judgment of divorce. Couples have to do not forget this feature due to the fact a separation settlement does now not ought to be filed with the courtroom and can be drafted in sooner or later.

The Louis Law Firm, PLLC is open and prepared to help you for the duration of the COVID-19 lockdown. If you’re thinking about a divorce or just need to recognise the unique options you have got, do now not wait until the courts reopen. Waiting till the lockdown is over to start the divorce procedure should price you lots of bucks. Don’t wait and call The Louis Law Firm, PLLC at (347) 926-3388 right now to time table a unfastened method session.

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