High-net-worth couples going through a divorce often face complex challenges when it comes to the division of marital property. Negotiating the disposition of real estate and financial assets could take months. In some cases, consensus cannot be reached, and a judge decides what is an equitable distribution of the marital estate. Couples who own valuable art often find it particularly…
Prenuptial agreements can be effective instruments for prospective spouses who want to safeguard their assets and avoid costly conflict if they decide to divorce at some point. New York generally enforces premarital agreements addressing property division and child support terms. However, a document could be thrown out if a spouse’s assent was secured through fraud or undue coercion, or if…
People often talk about the “dog days” of summer, when many families head off on vacation and others struggle with heat and humidity at home while waiting for school to start up again. Family law attorneys can tell you that another August tradition is an increase in divorce filings. Research proves that this phenomenon exists, but why do so many…
The longer a marriage lasts, the greater potential there is for a complex divorce. Over time, personal lives and finances become increasingly intertwined. Consequently, breaking things apart in an equitable manner can be much harder if you’re splitting after a few decades rather than a few years. Even in situations where children are grown, disputes over alimony and property division…
The oldest Millennials are now older than 40 years old, and even the youngest members of this generation have entered their late twenties. With these Americans now well into the typical marrying years, we have a good idea regarding their approach to the institution of marriage. Trends in millennial marriage reflect other societal changes and also should have a significant…
Technology and travel have broadened people’s horizons over the past few decades, but when it comes to marriage, most people still opt for someone very similar to themselves. Changes in American life over the past few decades have increased the frequency of marriages between high-earning individuals. Sometimes referred to as “homogamy,” the phenomenon of people finding partners within the same…
From scientific surveys to viral TikTok videos, public discussion regarding “sleep divorces” has exploded over the past couple of years. In these arrangements, couples opt to sleep in different rooms despite the fact that they remain happily married. Many spouses who have taken this step say that they are finally getting the rest they need and that their intimacy has…
In a divorce, assets acquired by either party while they were wed typically become part of the marital estate that must be divided between the parties. Often, questions over who gets the house or car are the most difficult part of the marriage dissolution process. If you’re going through a divorce, you should remember that all assets are subject to…
Children have a difficult enough time when their parents divorce, and a dramatic shift in their daily routine can make the situation even more traumatic. One goal of child support is to order payments that allow young people to maintain the same lifestyle as they enjoyed while their parents were together. Following a contentious proceeding, veteran actor Kevin Costner learned…
Throughout the country, states use the “best interests of the child” standard when making decisions regarding custody and visitation. During these reviews, judges can use any information they feel is relevant, but New York law has established several specific factors to be considered. Some of these factors seem fairly obvious, such as whether a parent has a history of substance…