The property division process that you’ll have to navigate in your divorce can be stressful. If you don’t aquire your fair share of the marital estate, then you can be at a significant disadvantage heading into the next chapter of your life. Fortunately, New York law...
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Divorce
Tips for your high asset divorce
Divorce is never an easy process, even when you have a decent relationship with your spouse. Even simple divorces often involve complex feelings, so complicated divorces, such as high asset divorces, can be even more overwhelming. A high asset divorce is generally...
Valuing and dividing a family business in divorce
Dividing marital property is never easy in divorce, but some types of property create more challenges than others. Near the top of the list are businesses. When a family business is part of the marital property, the spouses must go through some complicated...
What does equitable division of marital assets mean?
There’s a good chance that your marriage dissolution is going to be the biggest financial transaction that you engage in during your lifetime. A lifetime’s worth of wealth may be subject to division, and you might be on course to argue the merits of alimony and child...
Avoid these common high-net worth divorce mistakes
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...
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...