Divorce is a challenging journey. When a couple owns a business together, the complexities can intensify. In such cases, a business valuation becomes a valuable tool, offering a range of benefits that go beyond the emotional and legal aspects of divorce. 1. Fair...
New York High-Stakes Family Law Blog
Understanding New York pet custody
Pets are more than just animal companions; in many cases, they are precious family members. As a result, it can be difficult to decide who they stay with after a divorce. New York historically treated pets as possessions in divorce cases, subjecting them to its...
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...
What happens to heirlooms in a New York divorce?
Family heirlooms often hold great value both sentimentally and economically. Even the least valuable one in terms of money can be significant in emotional terms. In a divorce, heirlooms can be points of contention. New York law treats heirlooms like any other...
Where do college expenses fit into New York child support
After a divorce, non-custodial parents generally have to pay child support until their children reach the age of majority. However, in an age where further education is often a requirement for entry or advancement in various fields, many parents believe their...
4 factors that affect spousal support in New York
When a marriage ends, financial support often becomes an important issue for one of the spouses. In New York, spousal support is a legal provision designed to provide economic assistance to a spouse who may be in a vulnerable financial position post-divorce. You must...
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...
Key strategies for protecting your business in divorce
Divorce can be challenging, and when you own a business, the stakes often are higher. Protecting your business during divorce proceedings helps ensure your hard work and investment remain intact. If you have yet to get married, planning ahead is wise. Prenuptial or...
How high-conflict parents can parent together after divorce
It is difficult to imagine a couple who just went through a high-conflict divorce peacefully co-parenting after the divorce is final. However, believe it or not, it is very possible. What is co-parenting? Co-parenting is when parents choose to continue sharing the...
4 ways to minimize the financial burden of alimony
When a divorce involves high assets, it comes with added challenges. One of the financial aspects that individuals often grapple with during a divorce is alimony. In high-asset New York divorces, alimony payments can be substantial, but there are ways to potentially...