The stakes are significant in a high-asset divorce. And if you don’t know how to adequately navigate the nuances of your case, you could be leaving yourself susceptible to a poor outcome. You may be left without the financial resources that you expected, need and...
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Divorce
How is a family business divided in a New York divorce?
In any New York divorce, one of the most common problems in reaching a rapid settlement is property division. People might equate this to mean a marital home, automobiles, jewelry, collectibles and financial assets. Of course, these are included. Another issue that...
What should I know about property division in a second divorce?
Marriage can be difficult in New York and many unions end in divorce. For people who were previously married and got divorced, it is an act of faith and hope that a second marriage will work out better than the first one. Unfortunately, it is common for second...
How collaborative law divorce works
There are different ways to resolve your divorce and collaborative law is one of them that is worth looking into. Collaborative law divorce is a type of alternative dispute resolution that may be valuable for the divorcing couple and their family to help them resolve...
Prominent couples highlight trend of increase in “gray” divorce
In New York and across the United States, divorce is an everyday occurrence. In many instances, it is a couple that is relatively young or had a short-term marriage and decided they would part ways and move on. A growing trend, however, is a divorce involving older...
What is maintenance or spousal support?
The end of a marriage can suddenly remove financial support and a spouse’s ability to pay for needs and maintain their standard of living. New York courts may order their spouse to pay maintenance or temporary maintenance when their marriage is over or a divorce is...
How divorce affects business owners
The dissolution of a marriage can bring many challenges to all parties involved, but it is especially difficult for people who own their own business. New York is an equitable distribution state, which means all assets must be divided fairly. This means that a...
When circumstances force you to file for divorce in another county
Currently, New York State is in the midst of a lockdown to slow the spread of COVID-19. Among many other things, divorce filings are not allowed in Supreme Court anywhere in the state -- for the moment. But by the time you read this, courts could be opening up again....
Considering divorce later in life? You should know these 3 things
Whether you are facing an empty nest, entering your retirement years or simply reflecting on how your life has changed, you may be reconsidering your life situation in your later years. If a divorce is a part of that consideration, here are three things that you...
Here’s why divorce rates have fallen
You may have heard that divorce rates have fallen in recent years, and that is true. As divorce became easier in the 1970s, the rates soared. Over the next decade or two, things sort of stabilized. The rate stayed the same. In recent years, the rate has fallen again....
