Child CustodyCourtDivorceProperty DivisionDon’t Make These Three Mistakes At The Start Of Your New York Divorce
Watch this video to learn how you can avoid making common mistakes at the beginning of your New York Divorce
Watch this video to learn how you can avoid making common mistakes at the beginning of your New York Divorce
Going through a divorce is difficult regardless of the timing, but if you are having serious marital problems and are planning to soon divorce, the holidays can be even worse. The stresses of seeing family, entertaining guests, and trying to ensure your children have a good holiday season can lead to conflict. If you have...
If there is a single most important document in connection with your divorce, it would be the statement of net worth. So what is it, and how do you fill it out? A net worth statement is a document prepared at the beginning of a case and, as its name suggests, sets forth your net...
Pre-Nups are not just for the rich and famous. Virtually any couple getting married can benefit from having one. As I detail in this video (click on the above photo), the pre-nuptial agreement can: focus a couple about how they will handle finances and their assets during the marriage; assist with estate planning; and address...
Twice in the last month, the tabloids made much ado about well-known divorcing couples demanding financial disclosure early on in their divorces. In both the Rudy Giuliani and Donald Trump, Jr. divorces, both husbands demanded that their soon to be ex-wives produce a Statement of Net Worth causing the press to sound the alarm that...
What happens when a couple separates, but for some reason, despite the passage of time, don’t divorce? Suppose still further that during the long separation when the parties have been married but living separately, one of the parties acquires some wealth? Are the assets acquired during the long separation marital and subject to equitable distribution?...
When a couple is divorcing, disposition of the marital home can be one of the biggest issues of contention. The house is often the parties’ most valuable asset, but the home mortgage may be the couple’s largest liability. Issues arise when one of the parties wants to keep the house. In the best case scenario...
People contemplating divorce are often worried about how their property will be divided. This concern may be heightened in certain circumstances, such as when children are involved or when one of the parties does not work outside the home. In New York, property is first identified, then classified as either marital or separate property. Then,...
The stakes are high in any divorce. During a divorce, decisions are made that will affect the course of the rest of your life emotionally, practically, and financially. The stakes are even greater – and more complicated – in a high net worth divorce. Complicated ownership “schemes” of significant and diverse assets can make it...
When it comes to finances in a New York divorce, you have to lay all of your cards out on the table. Full disclosure is the name of the game. As a foundation to resolving the issues of equitable distribution, spousal maintenance and child support, both spouses must complete a full and in-depth assessment of...