Making Divorce Easier in New York
Understand Your Divorce Position. For Free.
Resolvy helps you divide the assets and debts of your relationship. Track your finances and calculate an equitable split in New York, for free.
1
Understand
Understand separate and marital assets, contributions and more.
2
Empower
Know your entitlements, how credits are determined, and how maintenance is paid.
3
Negotiate
Get an in-depth summary that prepares you to better negotiate the split.
Why You Need Resolvy
Divorce almost never ends with a 50/50 split of everything you own with your ex-partner.
Doing it wrongly, or without knowing how things work properly, could cost you tens or even hundreds of thousands in losses.
It’s crucial you are best prepared for the road ahead…
Resolvy helps you understand these issues, and it’s been created by expert divorce lawyers for people like you.
It’s important that you know these quick distinctions...
Marital Property
Assets acquired during the marriage (like property, vehicles, money and pensions) are referred to as marital property or marital assets. For example, any house or property you bought together during the marriage, any money, investment or pension fund you’ve earned while married, and any other asset you’ve bought or earned whilst married count towards this.
Understanding what marital assets are is important so that you know what can be divided during divorce. Typically, marital assets are open to be divided during divorce.
Misclassifying marital assets could mean you lose access or let go of significant things that you may have otherwise been entitled to! Imagine missing out on thousands of dollars in entitlements because you didn’t realize the importance of some random asset…
Solution
Resolvy automatically categorizes your marital assets when you add them based on numerous factors like when the asset was purchased, and how it was bought. You’ll have peace of mind that you know what can be divided.
Separate Property
The other main asset (or debt) type is called separate property. Separate property is any kind of property acquired before or during the marriage that was kept separate (and not commingled with marital assets). Separate property also includes gifts given to your sole name (or your partner's sole name), like inheritances left to one person and more.
Separate property typically is kept by the owner (and does not need to be split with the other person). Also, using separate property to contribute to the marriage may entitle you to reimbursements and financial credits…more on that later.
These distinctions are important because during equitable distribution, the only property that you can realistically divide is marital property. The courts have jurisdiction over the marriage itself (and thus its property), and not over things that you owned separately (eg the separate property).
Solution
One of Resolvy’s main features will help you determine if an asset is separate or marital property - it’s important you understand distinctions between the two.
Resolvy defines these distinctions easily in the app so that you can know with certainty what you can keep, or what may be available to divide with your ex-partner. Don’t lose out!
Contributions & Entitlements
When we mentioned entitlements to reimbursements, we referred to Contributions to the relationship. Throughout your relationship, you need to know how your financial contributions could affect the distribution of assets and debts after divorce.
If you used your own separate money (or money given directly to you from an inheritance or other beneficiary) to contribute to marital property (like a house or car), you may be able to claim credits back as part of the split! If you didn’t know about this, you could have lost thousands in contribution entitlements!
Solution
You need a way to track and categorize all of these contributions over the years so that you can get what you are owed after the divorce…
Resolvy does this for you automatically, enabling you to discover and justify what you may be entitled to.
Bonus
Child Support and Spousal Maintenance
If there are children of the relationship, you need to know exactly what you are entitled to receive (or pay) in child support. Resolvy breaks down these costs and future payment schedules so that you know exactly what funds need to be paid (or received) to support your children.
Spousal Maintenance is a payment from one spouse to the other spouse, for minimum period of time. Resolvy helps you calculate any spousal maintenance payment obligations and who needs to pay it. Just enter the details into the app - and you’ll know where you stand.
Get paid the right amount in child support or spousal maintenance.
Adjustments & Bargaining
If you used separate funds to pay for something relating to marital property (e.g. paying the mortgage on a property you owned together) , you could for example, claim more of the marital property to offset your separate property contribution.
Under the same guidelines, if marital funds (e.g. income earned while married) were used on a separate property, a portion of this may be owed to the other spouse (who doesn’t own the separate property). This can be used as a bargaining chip in the negotiations.
Jess Reduced Her Legal Fees.
So Can You.
Jess and Matt own their Rochester home and two vehicles, but things are a little tight financially.
With their young children settled into elementary school, Jess would ideally like to keep them living in the family home.
They’re amicable, but they don't want to spend thousands on lawyers. They want to divide their property fairly and make their split official, but they don’t know where to start....
Sound like you?
Real Estate & Mortgage
Bank Accounts
Vehicles
Stocks & Crypto
Business
Art & Furniture
Life Insurance
Roth IRA & 401K
Defined Benefit
What Can You Divide?
Enter, track, and divide assets and debts from the relationship.
Resolvy covers a range of common assets like real estate, vehicles, bank accounts, stocks, pensions and debts including mortgages, loans and credit card debts.
your spouse
you