A New York woman saw her divorce settlement reduced for repeatedly attacking the reputation of her estranged husband in the media and around town. Married for almost 20 years, Ira and Janice Schacter engaged in a bitter divorce for seven years. Remarking on the actions of both parties, New York Supreme Court justice, Laura E. Drager commented “[t]his acrimonious divorce…
Amicable partings do not always lead to an uncontested divorce. In New York, an uncontested divorce is possible when both parties agree to all issues or one party fails to respond to the proceeding. It is common for couples with no children and few assets in a marriage of relatively short duration to end their marriage quietly and move on.…
When high net worth couples divorce, the stakes are high. A recent ruling in Oklahoma allowed the 76th richest person in the world to hold on to a majority stake in his business. Harold Hamm may not be a household name, but his company, Continental Resources produces ten percent of the U.S. oil output. Worth more than $11 billion, Mr.…
Divorce calls for couples to divide their property during divorce. It also requires division of debt. Research suggests disagreements about money are the leading predictor of divorce in the United States. Arguments about money can sour a marriage and make divorce difficult. When money is an issue during marriage, debt is oftentimes involved. Common forms of debt carried by many…
It is inevitable that people wonder how and why their marriage soured. Couples who lived together prior to marriage can breathe a sigh of relief—it did not cause your divorce. In recent decades, the rate of cohabitation in the United States has risen approximately 900 percent. A recent study published in the Journal of Marriage and Family looked at the…
Fear of a compromised financial future is common during divorce. Understanding the fear—and knowing what to do about it—is essential. Because of the requirement to divide debt and assets during divorce, couples of all ages are concerned about getting their fair share. For individuals closer to retirement, the need is more urgent with fewer years remaining to rebuild a nest…
Daily news reports confirm how celebrities, or public figures, have been taped or recorded surreptitiously. The shocking and repeated rants of Mel Gibson recorded by his paramour and lover have made news and shocked people throughout the world. However, the series of five to eight rants is not shocking, nor is it even “remarkable” to a seasoned divorce attorney. Our…
Mr. Sterling known to be the owner of the Los Angeles Clippers is accused of making racial comments in tapes allegedly created by his girlfriend. The octogenarian has a woman less than half his age named, V. Stiviano. Ms. Stiviano denies leaking the tapes however she reported taped Mr. Sterling making the remarks that are costing him severe back lash…
In a Supreme Court, Queens County matter, a recent ruling on an appeal was problematic for a wife who made contradictory claims about her marital estate. In Morille-Hinds v Hinds, the judge was confronted with a couple who admittedly underreported their income on their tax returns. Throughout the marriage, the couple did not report the income of the husband, defendant…
It is easy to make small mistakes that have a big impact during divorce. When thinking about divorce, skilled legal counsel helps you anticipate problems that could dim a bright post-divorce future. Bryan L. Salamone and Associates, P.C. is the largest family law firm in Long Island. Our collective experience helps you make the legal agreements you and your family…