Despite being out of office for more than two years, former New York City Mayor Bill de Blasio got a great deal of attention when he announced his separation from Chirlane McCray, his wife of 29 years. Though breakups among the famous are common, the terms of the de Blasio-McCray split differ from those of most couples. In a statement,…
Alimony, known as maintenance under New York law, is designed to give people who relied on their spouse’s income the chance to meet their financial needs as they transition to single life. Courts consider several factors during an alimony determination, including the paying party’s ability to provide spousal support and the recipient’s needs. Of course, whether negotiated or delivered by…
Family courts frequently struggle with the balance between a parent’s right to see their child and the need to make sure that the youth will be safe with a noncustodial father or mother who has engaged in risky behavior. Often, supervised visitation is viewed as a suitable compromise. In these situations, the judge appoints a neutral third party who must…
When former Simon & Schuster CEO Richard Snyder died in June, he was hailed as a titan of the publishing industry who left the company with annual revenues 50 times higher than they were when he took over. The New Yorker even once referred to Snyder as a “warrior-king.” Unfortunately, his final years were wracked with financial and medical problems…
Regardless of fluctuations in the overall market, many Americans have substantial assets invested in blockchain coins and other forms of cryptocurrency. This means that spouses going through a divorce and their attorneys must review whether any cryptocurrency is part of the divisible marital estate. Unlike other types of assets, crypto can be difficult to locate, and some husbands and wives…
Often referred to as “gray divorce,” a great deal of attention has been given to the phenomenon where couples choose to end a long-term marriage, typically after their children are grown and no longer live in the family home. A Census Department report says that more than one-third of Americans who get divorced are 55 or older. In some ways,…
Negotiating a prenuptial agreement has become an increasingly common part of the pre-wedding process. More than ever, both parties go into a marriage with substantial financial assets that they want to preserve in the event of a divorce. And while prospective spouses never plan to break up, the stigma associated with divorce has lessened over time, so preparing for the…
From the outside, Fred Castleberry’s story might seem like the embodiment of the American Dream. He went from a being a divorced Texas wedding photographer to a fashion industry star, living in Park Slope, working for designers such as Ralph Lauren and making television appearances. Eventually, he started his own company, F.E. Castleberry, where he designs custom suits and sells…
A divorce ends the legal union between spouses, but in many cases, the relationship between the parties continues and evolves. This is especially true when the couple shares children. Though spouses and their lawyers make a significant effort to reach a divorce agreement that everyone believes to be fair, life changes that occur after the marriage is legally dissolved could…
Many of the symptoms associated with Borderline Personality Disorder (BPD) are capable of causing trouble in a marriage and heated conflict during a divorce. Some people afflicted with this illness have extreme fears regarding abandonment and might engage in deceptive or manipulative behavior to get they want. In certain cases, BPD sufferers change their minds quickly and without any apparent…