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Lois M. Brenner, Esq. Lois M. Brenner, Esq.
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Women's Rights

New York Women’s Rights Lawyer

Evaluate the Nature of Your Divorce Settlement

All women considering divorce should remember a number of key points. First, a settlement that appears equal but is not particularly liquid may make for hard times in the future. For example, if a wife receives the house when marital property is distributed—an illiquid asset—and her husband receives investments—which are generally more liquid—she may have a hard time keeping the house. Maintaining a house requires cash flow, which can present a significant challenge for many former wives.

Consider the Tax Consequences of Your Settlement

Secondly, it is important for women to remember that tax consequences can greatly affect the value of a settlement. For example, the rules on retirement accounts can be complicated. When a large portion of the settlement is in retirement assets, the recipient should have knowledge about the potential tax ramifications and penalties. A Qualified Domestic Relations Order (QDRO) can be used to transfer money to a former spouse without penalty, which is something you should discuss with your lawyer.

Remember that Your Debts Will Also Be Divided

Additionally, women should remember that, when they file for divorce, they will divide more than just their assets – they may also divide their debts. Creditors don’t care about the terms and conditions of a separation agreement. They want their money, and they will not hesitate to go after both spouses to get it. For this reason, it would be wise for spouses to negotiate these details in a divorce settlement between themselves.

Protect Your Financial Security with a Life Insurance Policy

Finally, a woman would be well-advised to include a provision in her divorce settlement detailing the need for her former spouse to carry life insurance. This can help safeguard her own financial security, as well as that of her children, in the event that her former spouse dies an untimely death. Life insurance can be used to insure the payment of child support, alimony, and property settlements.

Contact our team at Lois M. Brenner, Esq. (646) 663-4546 for more information.

    “Clever & Compassionate Attorney”
    I met with Lois Brenner nine months ago, and my life has been changed for the better! She and her legal team really encouraged me to leave a very abusive husband. They gave me the knowledge and courage to take the necessary legal steps. My parents were helping me and found Lois to be smart, and compassionate. My whole family felt really comfortable having her handle my case. I am finally divorced, away from an abusive man and ready to start a new life. I can’t thank Lois and her legal team enough for all the support I received. I got a much better settlement than I expected because they were relentless in locating money my husband had hidden. Thank you so much!
    - Kim B.
    “I would strongly recommend her as a divorce /representative attorney.”
    I utilized Lois's services for divorce. She was most helpful in all aspects. First, she explored reconciliation, which was the right thing to do. Absence of that, her suggestion of what to negotiate for, how to do it without unnecessary anger & hostility to the ex & how to expedite the process was invaluable. Timewise she was excellent & sympathetic to what I was going through. She was always available & her fees were very reasonable. I would strongly recommend her as a divorce /representative attorney.
    “First, you were so easy to talk to and second, you really know what you are doing!”
    “First, you were so easy to talk to and second, you really know what you are doing!”
    - Sharon
    “We are forever grateful!”
    “We are forever grateful!”
    - Donna and Frank
    “Thank you for doing such a tremendous job!”
    “Thank you for doing such a tremendous job!”
    - Bill
    “She was very thorough and efficient!”
    Lois Brenner was great to work with. She was very thorough and efficient! I would recommend Lois to anyone seeking an amicable divorce.
    - RW
    “"Amazing, Skilled Mediator"”
    Amazing, Skillful Mediator!!!! We went to see Lois Brenner for a mediation consultation. We had pretty much decided our marriage was over. We just wanted to end things fair and amicably. Lois Brenner spent so much time with us, and gave us great insight as to how the process would help us, we hired her on the spot. Our sessions thereafter were stealth. She organized us, helped us identify and address all the issues. She showed us how to communicate effectively throughout the process. We were able to address all our issues, especially property and finances, arrive at a comfortable settlement agreement, and now we are waiting for the judge to sign our divorce. What an extraordinary process. I highly recommend Lois Brenner and mediation. She’s super, and mediation really works.
    - Maggie and Josh
    “No words can express what you have done for our family!”
    “No words can express what you have done for our family!”
    - Ken

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