Happy New Year! Welcome to Sherri Donovan & Associates and The Family Center. This newsletter is dedicated to managing your money in 2014. As listed below, on January 23, 2014, we are sponsoring financial seminars in the day and evening that are free of cost with highly qualified professionals. Also, in this newsletter is a blog authored by Sherri Donovan on the top reasons that 50/50 is not always fair in a divorce. We look forward to assisting you this upcoming year.
Painting By Elena Feliciano. www.artbyfeliciano.com
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Upcoming Programs:
Thursday, January 23, 2014
FREE Debt Consolidation Day With Rob Goldstein of US Legal Network The Family Center- 7 Dey Street, Suite 400, New York, NY 10007. 12:00 noon - 6:00pm
Thursday, January 23, 2014 Managing Your Money in 2014 With Lissa Benton and Allie Wisniewski The Family Center-7 Dey Street, Suite 400, New York, NY 10007. 6:15pm - 8:00pm Thursday, January 30, 2013 Workshop -"D Spot Success System" Divorcing with Intention or Where Divorce Ends, Your Destiny Begins 6:30-8:00pm The Family Center-7 Dey Street, Suite 400, New York, NY 10007 Guest Speaker: Laura Campbell, Founder of The D Spot, LLC.
Monday,
January 27, 2014 Divorce Clinic at The National Organization for Women
150 W. 28th Street, Rm 304, NYC
6:30pm - 8:30pm
*For more information on all programs, contact us at [email protected].*
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FEATURED FAMILY TEAM MEMBERS
LISSA BENTON
Property & Casualty Broker
917-453-1694
Lissa utilizes her combination of experience and professionalism to provide you with a variety of products and services to meet your insurance and financial needs. She services individuals and businesses with life, disability, long-term care, workers compensation or umbrella insurance. Ms. Benton promises a new level of attention, insight, and capability.
ARCADIA WEALTH MANAGEMENT
Certified Financial Planners [email protected] [email protected]
631-549-5400
Arcadia Wealth Management is a family owned and operated business led by father-daughter team Walter and Allie Winsniewski. They follow a team-based approach when providing quality financial services and advice. They work closely with their clients to help them realize their passions and visions while achieving a safe and secure financial future.
ROB GOLDSTEIN
US Legal Network [email protected]
631-656-3370 Rob has been helping businesses and consumers with debt and credit related issues for over 25 years. Over the years, prominent attorneys and CPA's have referred clients to Rob. He is schooled in bankruptcy law and he is highly regarded for his insight into real estate workouts, mortgage modifications, and financial crises resolution.
TOP 7 REASONS WHY 50/50 IS NOT ALWAYS FAIR IN DIVORCE
Many times marriage is considered an economic partnership. However, there are certain marriages where one spouse caused such financial grief that an equal division of assets would be unjust. You may be entitled to a greater share of marital property division if:
1. Your spouse is destructive with alcohol, drugs and/or gambling;
2. Your spouse has committed financial waste. Examples of financial waste include, draining retirement or children's college funds, making poor business decisions or investing in risky ventures that have gone sour;
3. Your spouse is hiding money that is difficult to ascertain in off-shore accounts or other international instruments, moving cash to undisclosed locations and/or transferring funds to third parties;
4. Your Spouse has built up debts during the marriage. Such debts can include frivolous spending on credit cards, or cashing in on a home equity line of credit, particularly where you had no knowledge of the debt. For instance, I represented a spouse where the husband had a business and did not pay sales tax and unemployment insurance. Tax liens were placed on the marital residence which influenced the Judge to give my client a greater share of the assets.
5. Your spouse has caused severe damage to your credit rating;
6. You will have the responsibility and financial obligation for the children due to your spouse's minimum income as well as his/her minimal role in the children's life;
7. You have a special needs child for which you will be primarily responsible for in the future after the child is 21. In addition, a special needs child who is not self-sufficient (i.e. Autistic with IQ of 75) may need resources for a lifetime due to the inability to be self-supportive.
It is always important to look at the specific financial facts in your situation before dividing marital assets and debts.
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The Family Team
It takes a village to get divorced or go through family transitions. Meet our group of skilled and caring professionals, The Family Team at: www.sherridonovan.com
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Sherri Donovan & Associates, P.C.
Counselor-At-Law
7 Dey Street, Suite 400
New York, N.Y. 10007
212-431-9076 Cell Phone: (917) 723-1163
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