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New divorce app to help couples split assets in New York without lawyers

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Re: New divorce app to help couples split assets in New York without lawyers

#71
I've gone through a divorce that went through the courts. I've also gone through mediation that was required by that court. For unrelated matters, I've gone through mediation, court proceedings, expert witness testimony, etc.

My first advice is to never go through a court proceeding when it can be avoided. My second advice is to speak to a lawyer - early - to preserve your rights and those of your children. That's non-negotiable. Always preserve your rights and those of your children.

Those two advices can often contradict each other, so consider and take them how you will. Until the dust settles, you won't know which will cost more, a lawyer or not contacting one.

Re: New divorce app to help couples split assets in New York without lawyers

#72

Does this handle potential alimony? That’s the thing that scares me about getting divorced. A friend of mine confided in me that their partner hasn’t worked since they been married and is afraid that ending the relationship would put them in a deep alimony situation. Unfortunate side effect of living in a high cost are sure but I understand their frustration

It shouldn't be that scary. I've been married coming up on 10 years in January. I've been the sole income provider for a large majority of the marriage.

I wouldn't be able to make the income that I do without the contributions my wife has made to making my life easier, and in general keeping the more administrative aspects of life under control.

I'm in a marriage with her because I love her and respect her. Part of that is recognizing that it is our income. Part of that is recognizing that even if our marriage were to decay to the point of divorce that I would still care enough about her as a person to want her to be able to establish a new life.

I'd advise the friend of yours to create a relationship their spouse wants to be in. That's how you prevent the downsides of alimony.

Re: New divorce app to help couples split assets in New York without lawyers

#73
post #71

I've gone through a divorce that went through the courts. I've also gone through mediation that was required by that court. For unrelated matters, I've gone through mediation, court proceedings, expert witness testimony, etc. My first advice is to never go through a court proceeding when it can be avoided. My second advice is to speak to a lawyer - early - to preserve your rights and those of your children. That's no…

Good advice about talking to a lawyer and not going through a court proceeding.

I suspect you will never know which cost more, but you can reduce the cost of any single path by finishing it as quickly, and with as few twists and turns, as possible.

Re: New divorce app to help couples split assets in New York without lawyers

#74
post #50
post #47

Earlier quoted context omitted.

Free to use… what’s the business model? Where are you looking to expand?

Well somebody has to replace half their shit. Juicy demographic.

Two somebodies each have to replace half their shit. Net shit doubles. Extra-juicy.

Re: New divorce app to help couples split assets in New York without lawyers

#75
post #73
post #71

I've gone through a divorce that went through the courts. I've also gone through mediation that was required by that court. For unrelated matters, I've gone through mediation, court proceedings, expert witness testimony, etc. My first advice is to never go through a court proceeding when it can be avoided. My second advice is to speak to a lawyer - early - to preserve your rights and those of your children. That's no…

Good advice about talking to a lawyer and not going through a court proceeding. I suspect you will never know which cost more, but you can reduce the cost of any single path by finishing it as quickly, and with as few twists and turns, as possible.

I absolutely agree. Nobody goes into a divorce thinking they want it to take a long time. Just get it over with, and keep as much trust as possible. That goes double when children are involved. It's not the kids' fault their parents are getting divorced, but they are the ones most impacted.

Re: New divorce app to help couples split assets in New York without lawyers

#76
post #72

Does this handle potential alimony? That’s the thing that scares me about getting divorced. A friend of mine confided in me that their partner hasn’t worked since they been married and is afraid that ending the relationship would put them in a deep alimony situation. Unfortunate side effect of living in a high cost are sure but I understand their frustration

It shouldn't be that scary. I've been married coming up on 10 years in January. I've been the sole income provider for a large majority of the marriage. I wouldn't be able to make the income that I do without the contributions my wife has made to making my life easier, and in general keeping the more administrative aspects of life under control. I'm in a marriage with her because I love her and respect her. Part of t…

That is good advice. Unfortunately, it also requires both parties to be working towards that goal - which doesn't always happen.

If that doesn't happen, yes alimony can get very, very expensive.

Re: New divorce app to help couples split assets in New York without lawyers

#77

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…

Definitely agree - also, couples that can do that tend to not be the ones who keep the divorce industry busy.

Re: New divorce app to help couples split assets in New York without lawyers

#78
post #75
post #73

Earlier quoted context omitted.

Good advice about talking to a lawyer and not going through a court proceeding. I suspect you will never know which cost more, but you can reduce the cost of any single path by finishing it as quickly, and with as few twists and turns, as possible.

I absolutely agree. Nobody goes into a divorce thinking they want it to take a long time. Just get it over with, and keep as much trust as possible. That goes double when children are involved. It's not the kids' fault their parents are getting divorced, but they are the ones most impacted.

I would like to propose a caveat: some people go into a divorce with the intention to ruin the other person. This can make divorces long and ugly, because the purpose isn’t to get it over with but to right some perceived injustice by punishment.

Re: New divorce app to help couples split assets in New York without lawyers

#79
post #4

The issue with this seems to me to be that if you're having an amicable divorce, you don't need to spend a lot on lawyers anyway, so this doesn't really help. If you're having a contentious divorce, the other side's going to get a lawyer, so you need to get a lawyer too. There's some language on your site that suggests that this can help you understand how your various assets will be treated in a divorce, which could…

Oh, I disagree!

My ex and I split amicably and looked around for a facilitator to help with the paperwork. We hired a woman who seemed like she knew what she was doing, met with her, and as we had already been separated for years, we didn't think about it much and just sat back and waited. And waited. And waited. We'd call and she'd say she was waiting on the courts. Checking online would only get back some cryptic pending notice. After over a year and a half, we finally get a stern letter from the court, "Get your asses down here, the judge wants to speak to you idiots." (That's a summary, of course.)

What happened was the woman we hired had filled in the wrong county on all the forms. The court sent them back, with a note explaining the error. She submitted them again, untouched. They bounced the papers back to her. She did it twice more!!!

We had no idea until we're literally standing wide-eyed before the bench and the judge basically says (again, a summary), "Why are you two morons wasting the court's time? What the hell is wrong with you? Fix it. Or else."

Neither of us had been in court before, and my ex is from Spain and unfamiliar with American justice, so the experience was a tad intimidating, to say the least. There's a sense of seriousness in a court that really isn't something you regularly experience outside a funeral parlor. We immediately hired someone competent and were divorced within like 3 months.

So, I think this is actually a pretty useful service!

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