Is Everything Split 50/50 in a High Net Worth Divorce in New York?
The common belief that divorce means splitting everything down the middle rarely reflects reality, especially when substantial assets are involved. New York follows the principle of equitable distribution, which focuses on fairness rather than mathematical equality. This distinction becomes even more important for couples with significant wealth, and courts consider numerous factors beyond simple arithmetic. […]
How to Properly Handle Communication with a Difficult Ex-Spouse in New York Divorce
When divorce proceedings become contentious, every conversation with your ex-spouse can feel like walking through a minefield. The emotional toll of dealing with a challenging former partner often leads people to consider cutting off all contact. Complete silence might seem like the easiest solution, but it rarely works – especially when you share children, property, […]
How Business Valuations May Affect Your Divorce In New York
How can a business valuation affect your divorce in New York? When a couple gets divorced, the court will divide all marital property equitably. That includes any businesses the couple owns together. Before the court can divide the couple’s assets, it must determine the true value of any business they own. Business valuation is the […]
3 Unique Considerations for High-Net-Worth Divorce in New York
Divorce may be different for a couple with substantial assets. While any divorcing couple with children must resolve matters such as property division and child custody, there are three unique considerations in a high-net-worth divorce in New York State. First is spousal maintenance, which may involve considerably higher payments based upon a variety of factors […]
How to Deal with a High-Conflict Divorce in New York
A divorce becomes high-conflict when one or both parties refuse to cooperate and argue constantly. These cases often involve anger, blame, or emotional abuse. Some also include threats, name-calling, or false accusations. These conflicts make it more difficult to reach agreements and often require more court appearances. This means high-conflict divorces typically take longer, cost […]
Back-to-School Tips for Parents of Children with Autism
If you have a child with autism, you know how challenging a big change can be. Returning to school after summer vacation certainly qualifies, and it’s often even more complicated after a divorce due to custody changes and scheduling difficulties. How can you make going back to school as easy as possible for your child […]
What Will My Divorce Look Like? Considerations Against Mediation for High-Conflict Couples
Mediation helps many couples work out divorce terms and avoid having to go to court. However, it doesn’t work for everyone. If your ex controls conversations, refuses to listen, or tries to stonewall or bully you, mediation might not be a safe or fair option for your divorce case. Mediators do not usually take sides, […]
How Is Marital Property Divided in High-Net-Worth Divorces?
High-net-worth divorces often involve more property, more money, and more issues to sort out than a typical divorce case. For example, these cases might include business interests, real estate, investments, deferred compensation, restricted stock units (RSUs) and retirement accounts. New York uses a process called equitable distribution to divide marital property in all divorce cases. […]
Five Strategies to Safeguard Assets in a New York Divorce
Divorce in New York doesn’t just involve personal and emotional decisions—it also involves financial choices with consequences that could affect you for years to come. Below are five strategies you can use during the divorce process to protect your assets and stay in control of your financial future. Inventory and Secure Financial Records Start by […]
What Happens to Joint Investments in Divorce in New York?
Many married couples in New York have joint investments to build wealth and prepare for retirement. Although couples get married with the expectation of spending the rest of their lives together, many couples unfortunately divorce, forcing them to figure out how to divide their joint investments. How do New York’s divorce laws affect the disposition […]