Tag Archives: marital assets

Don’t Use Business Assets for Personal Purposes

If you own a business and find yourself in divorce court, expect your company’s assets and debts to become a focal point of the case. The flow of cash through the business, whether in the form of revenue, loans or anything else, will be put under the microscope by your spouse’s lawyer and by the… Read More »

Divorcing When You Owe Money to Your Parents

It’s no secret that the cost of living in New York is higher than in many other parts of the country. Married couples, especially younger couples just starting out, often cope with this reality by accepting money from one or both sets of parents. Typically, the money is used toward a down payment on the… Read More »

What You Should Know About Prenups

There is a common misconception that prenuptial agreements are only beneficial for high-net worth couples, but this simply isn’t true. There are many people who can benefit from the use of a prenuptial agreement when entering into a marriage, and therefore the more you know about these contracts the easier it will be for you… Read More »