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...
High Net-Worth Divorce
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...
Can you keep your inheritance during divorce?
Going through divorce is already enough of a hassle without having to worry about where your assets will go. This might come as an especially big concern to you if you gained an inheritance while married. Do you actually get to keep it? Community vs. separate...
What additional expenses should you consider in divorce?
When people go into a divorce, many do not understand exactly how much money the entire process will end up costing. Attorney fees, court costs and more can stack up quickly. On top of that, any couple with a high net worth should also consider a few additional...
How collaborative divorce practices can help in your high net-worth divorce
Contrary to what most people think, dealing with a high net-worth divorce does not have to mean a high-conflict one. Collaborative practices can save you money, help reach agreements on your assets faster and make the divorce process easier for the parties. What is a...
Do high assets cause friction in divorce?
For many couples, asset division is one of the most difficult parts of the divorce process. It is time consuming, emotionally draining, and can even cost a lot of money depending on how things go. Do these matters worsen as assets grow higher? Or is this a simple...
When can you challenge a prenuptial agreement?
If you and your spouse are considering a divorce and have an existing prenuptial agreement that you feel puts you in an unfair position, you might be wondering about your options. There may be situations where you or your spouse decide to contest the terms within the...
How divorce affects your social security
Even for high-income earners, Social Security payments represent a substantial income source after retirement. For some people, divorce may affect the amount of the payment they receive. How does divorce affect Social Security? Who can get spousal benefits? The...
Should you split your 401(k) down the middle in the divorce?
Perhaps both you and your spouse have 401(k) retirement accounts. These may be among the most important assets in your upcoming divorce. You likely assume there will be a 50-50 division of the accounts, but there may be other options for the two of you to consider....
Valuing and dividing an IP asset in your divorce
When it comes to dividing property in your divorce, you might have a lot on the line. New York churns out plenty of authors, artists and other creative types and even though you might be the creative genius behind a project—it might still classify as a marital asset....