Divorce can be hard on credit scores for some people living in New York. It is the things that happen as a result of a divorce and not the divorce itself that causes a decrease in credit score. Debts may be split as part of a divorce decree, but if a person's name remains on the debt, this is whom creditors will pursue regardless of what the couple agreed on.
Few things are more rewarding than raising good kids. As you age, though, you may look forward to becoming a grandparent. After all, the grandparent-grandchild relationship is often one of the most dynamic ones in society. In fact, a recent study found fewer incidents of depression in both grandparents and grandchildren who had a close relationship. If you cannot see your grandkids, you may miss out on the experience altogether.
New York residents interested in business and entertainment news may have heard about the divorce of Amazon power couple Jeff and Mackenzie Bezos. The couple reached a settlement agreement that has the potential to be the biggest the world has ever seen.
After parents in New York get a divorce, they usually also have to coparent together. This can require improving some skills, such as communication, and making sure that they focus on the best interests of the child.