Divorce Filing Strategy

Finally, Courtney Cox and David Arquette have both filed papers to make their divorce final. Although they first announced their separation in October 2010, neither filed any papers until June, 2012. In New York, certain financial rights, such as asset values, pension rights and support, are defined or limited by the date an action for divorce is commenced. Waiting to file for divorce for nearly two years after separation can have specific financial ramifications, which may be to your own benefit, or deteriment, depending on the circumstances. Be aware of these issues, and consult with an experienced matrimonial attorney if your are in, or anticipate, a lengthy separation from your spouse. Was their waiting a deliberate strategy or was it something else?