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When married couples in New York and around the country divorce, their debts are divided along with their assets. A few states have community property laws that require assets and debts to be divided equally, but New York is what is known as an equitable distribution...
When dividing your family's expenses during divorce, private school tuition will likely loom over your head. If your children attend an elite academy, this fee can cost thousands of dollars per year. This considerable expense could cause fights between you and your...
Divorce is an unfortunate reality for many New Yorkers. It can impact every area of your life, including your business. Even if your spouse isn’t listed as an owner of the business on any of the paperwork, your business may still be considered an asset subject to...
If you are wondering what to do when your spouse in New York wants a divorce, here are some things to consider as things unfold. If you have children, don’t move out When divorce is imminent, it is common for one spouse to move out of the family home to avoid the...
Whether you are in the process of starting a business or already own one, thinking about how you will protect it in the event of a divorce is a critical - but often overlooked - component of any long-term business plan. To that end, there are a host of proactive steps...
The experiences of affluent couples going through divorce are in many ways similar, yet in many ways unlike, those of a typical middle-class couple. As you can imagine, a greater the assets at stake, the greater the complications. After all, who gets what? Then the...
When parents in New York are going through a divorce, it can be an emotional time. It is important that they understand the types of custody in New York and the basis for custody decisions in New York, so they can better understand their rights and options. What is...
There are two situations in which you can annul your marriage in New York. One occurs when circumstances have made your marriage voidable, even though it may have been valid at first. The other is when your marriage was never valid in the first place. There are...
During divorce, you not only separate your life from someone you once shared it with, but also your assets and property. However, as the things that we own are part of the fabric of our lives, splitting them up is one of the more complicated aspects of a divorce, and...
Divorce is often a very intense and emotional experience. However, depending on the disposition, goals, and approach taken by the parties, it does not always have to be this way. Indeed, many couples find that is in their best interests to have an uncontested divorce,...
