We just launched Resolvy. It helps anyone going through a divorce understand what portion of the assets they can keep, and what portion is to be divided with their spouse. Deals with child support and alimony too. Currently only works in New York. Free to use. Can save Anyone going through a divorce in New York on legal fees.
Congratulations on launching and great choice of nickname ;)
I don't live in New York and wish to never have to use a similar service but Goodluck nonetheless!
I have not personally (still happily) married. My cofounder went through a divorce. He is a divorce lawyer (and his wife at the time a lawyer too). They divided everything smoothly - sounded like it was quite clinical and unemotional from what he told me. Say if you brought assets into the relationship, a house, retirement fund fund, an inheritance. I’m sure you don’t want your ex-partner to get half of that. You’re…
> You’re entitled to keep a larger portion of it (as you get a credit for it). Doesn't this depend on if you have a pre-nup especially in states like CA? I got married super early and had to divide everything equally even though I earned much more than my spouse.
I believe if you earned during the marriage that’s marital property unless otherwise agreed in a prenup (maybe some states are weird but I think that’s the norm). The scenario is more like owning the house you live in before the marriage, then using marital proceeds for stuff like maintenance and taxes. The increase in value since the marriage might be considered shared, because you both contributed towards it.
The government should provide the model for this: enter data, here you go and here are the justifications for it. Want to pay, you can see a judge at your own cost. You walk into the lawyers office, they just sign off.
The huge problem in many US states is that nothing is well defined in family courts. Virtually all answers from lawyers is “court can do anything”. For example, there is a good definition of separate property but it still doesn’t mean that court isn’t going to dip into that to give more assets to opposing party. Except for few US states, there is no real law except some hand wavy guidelines like “need and ability” for community division and maintenance. I don’t know why law makers don’t get their shit together and make things predictable.
Apps like this is good start to get neutral picture.
I have not personally (still happily) married. My cofounder went through a divorce. He is a divorce lawyer (and his wife at the time a lawyer too). They divided everything smoothly - sounded like it was quite clinical and unemotional from what he told me. Say if you brought assets into the relationship, a house, retirement fund fund, an inheritance. I’m sure you don’t want your ex-partner to get half of that. You’re…
> You’re entitled to keep a larger portion of it (as you get a credit for it). Doesn't this depend on if you have a pre-nup especially in states like CA? I got married super early and had to divide everything equally even though I earned much more than my spouse.
Not in NY, an “equitable distribution” state. Our mediator informed us that my wife was entitled to maybe 10% of my ipo stock since she didn’t sacrifice or contribute to it (I had a normal salary). Sounds like ny is an exceptionally fair state!
The huge problem in many US states is that nothing is well defined in family courts. Virtually all answers from lawyers is “court can do anything”. For example, there is a good definition of separate property but it still doesn’t mean that court isn’t going to dip into that to give more assets to opposing party. Except for few US states, there is no real law except some hand wavy guidelines like “need and ability” fo…
Feedback about your web site: there are still plenty of people out there using browsers that don't support WebP. None of your images load for me (Safari 15.5 on macOS Catalina). You should use (or at least fall back to) wider-supported formats.
The government should provide the model for this: enter data, here you go and here are the justifications for it. Want to pay, you can see a judge at your own cost. You walk into the lawyers office, they just sign off.
The government should start with taxes not divorce.
Separately, as advice to potential couples: get a pre-nup. Resolves any awkward beliefs about money up front. Discloses assets and liabilities so no financial skeletons in the closet. Establishes who has what before the nuptials and frankly fast forwards your relationship to see if it is strong enough to handle a "difficult" conversation and negotiation. Lets you establish what claims your spouse will have to your fu…
This is generally easier said than done for most couples. Like most things, hindsight is 20:20.