Divorce is a significant life event that brings about various changes, especially when it involves substantial assets. One aspect that requires careful consideration is the impact on investment portfolios. In New York, where high-asset divorces are not uncommon,...
High Net-Worth Divorce
4 ways to minimize tax implications in a high-asset divorce
Divorce is never an easy process. When it involves high assets, navigating the financial terrain can be even more challenging. In New York, where complex financial landscapes abound, it is important to strategize ways to minimize tax implications during a high-asset...
How to approach the division of high-value artwork in a divorce
The division of assets often becomes a focal point in divorce. When high-value artwork is at stake, the complexities heighten. High-value artwork comes in various forms, representing diverse artistic movements, styles and periods. Some examples of art types that...
Factors to consider in high-asset divorce in New York
Divorcing when a couple has substantial wealth in New York can be a complex process. Individuals in this situation have several special considerations to keep in mind. Understanding how to navigate these issues ensures a fair and equitable division of assets and...
How are investment properties divided in a New York divorce?
When going through a divorce, it is often difficult to divide assets. This is particularly true for investment properties. These can hold significant financial value and have the potential to appreciate over time, making the division process an even more complex task....
Dividing unconventional assets in divorce
Like everyone else, most high-asset divorcees focus on significant assets, such as real estate, savings, businesses and personal property during the divorce process. However, many high-asset divorces also involve unconventional assets that also need to be equitably...
Who keeps the engagement ring after a breakup or divorce?
Whether you are asking your fiancé to marry you or are on the receiving end of a beautiful diamond engagement ring, the underlying intent in giving an engagement ring to your partner is that the relationship will last forever. Sometimes it does, but sometimes it does...
Where can you find hidden assets?
When going through divorce, it is important to keep an eye on your assets. This includes shared assets that you and your spouse should split during the divorce process. Unfortunately, some spouses may use this time to attempt to hide some assets, keeping you from...
How do assets and divorce tie together?
Assets and divorce have a huge tie to one another. Not only are they integral in marriage, but they often relate to the decision to get a divorce. On top of that, assets continue to have an impact during the divorce process itself. But in what ways? Wealth tying into...
What do mediators do in a divorce?
Many couples these days want to avoid the difficulties of litigation with divorce. They want to avoid going to court and the time, money and stress that it costs. This is where mediation comes in. But what do mediators do in divorce situations? What mediation is...