When a high-asset divorce is approaching, some spouses attempt to decrease the value of their marital estate before the property division process begins. They might drain accounts, rack up debt, transfer assets or spend marital funds on a new romantic interest. Under...
Though divorce usually marks the end of a long, committed relationship, it also opens the door to new opportunities. While you might not be ready to find a new steady romantic partner, many divorced individuals achieve fulfillment by picking a new hobby or rekindling...
Whether you are going to be on an extended work trip or your child will be spending the summer living with your former partner, long-distance parenting can become difficult. Whatever the circumstances, if you and your child will be living apart for a while, it is wise...
Whether a couple got a prenuptial agreement before their wedding or not, drawing up a postnuptial agreement after some years of marriage can help them formalize property division and alimony terms in the event that they divorce. However, like a prenup, there is no...
Most New Yorkers going through a divorce hope to maintain their marital standard of living following the determination of any maintenance award and the equitable distribution of marital property. Whether that is possible can depend on factors including the length of...
New York courts have the authority to invalidate and set aside contracts that do not adhere to current legal standards, including prenuptial agreements. Prenuptial agreements are essentially marital contracts drafted by engaged couples who want protect their financial...
A parental relocation when custody of minor children is shared almost always requires pre-approval by the court and careful adherence to legal procedures. Parents who want to move to accept a new job, develop a new relationship or tap into support systems provided by...
Divorcing business owners in New York often focus on the problem of dividing their business or professional practice according to the state’s equitable distribution rules, but a more subtle issue can create lasting financial harm: the risk of a “double dip.” In the...
While spouses in high net worth marriages might have the resources to pay for extensive divorce litigation, fighting about financial issues in open court is not necessarily the best option. Many high-asset couples in Nassau and Suffolk counties elect to attend divorce...
For many divorcing couples in Long Island and across New York, an uncontested divorce is the ultimate goal. They want to minimize their time spent in court by working with their spouses toward a mutual agreement. Most people say they would prefer this path as opposed...