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...
New York High-Stakes Family Law Blog
Do you have to legally separate before you can file for divorce?
If your marriage is rocky, you may be itching to be as far away from your husband or wife as possible. You even might want to think about filing for legal separation. According to the New York Supreme Court, legal separation is a contractual agreement between you and...
Making summer plans with a custody agreement in place
Summer is approaching, and everyone is looking forward to taking time off. Before heading off to the Hamptons or St. Barts, divorced parents who share custody of their children should quickly pause to read their custody agreement and ensure their vacation plans do not...
Could separation of liability relief help you?
When you divorce, you have to split all assets and debts. Debts include any taxes you may owe. But in some cases, you may not feel you should be responsible for tax debts. If the court orders you to pay anyway, you may be able to seek separation of liability relief...
What is spousal maintenance?
Spousal maintenance is also known as alimony. It is a payment of some type made from one spouse to the other to provide support after a divorce. Spousal support is a means to ensure that parties leave the marriage on fair financial footing without one spouse leaving...
How can you get through a high-conflict divorce?
As you probably know, some individuals shy away from conflict. Many others, though, love the friction that comes from fighting. In fact, according to Psychology Today, certain individuals have high-conflict personalities, which can include both an inability to manage...
How do digital assets help obscure asset hiding?
Asset hiding is something that has occurred ever since divorce itself became legal. What exactly is it, though? More importantly, in today's digital age, how do people attempting to hide assets use technology to try to get away with their crimes? Why do people hide...
Ways to split a business during divorce
When going through a divorce, state law demands that all community property get divided in a way that is equitable for both parties. This also applies to businesses, which are unfortunately and notoriously hard to divide due to the many complexities surrounding them....
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...