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...
New York High-Stakes Family Law Blog
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...
Navigating long-distance child custody arrangements
Going through a divorce is a challenging time for the entire family. Making decisions about child custody is especially difficult because, in most cases, both parents want to spend time with their child, and a divorce can get in the way of that. This is especially...
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...
Adjusting your social media habits to protect yourself during divorce
Social media platforms like Twitter, Instagram and Tik Tok have revolutionized how entertainers and other prominent New Yorkers market themselves and interact with their fans. Being a social media personality can itself be a lucrative career. But for someone going...
When can children testify in child custody hearings?
When parents can not agree on a custody arrangement, it may seem an obvious decision to ask the children which parent they prefer to live with. However, courts are not always required to consider the wishes of children. When can children testify in custody hearings in...
Understanding important tax implications during divorce
One of the complications of going through a divorce is deciding how to divide assets. This becomes even more complicated when considering the tax implications of the division. Even if division seems equitable on the surface, it may be more of an unfair division when...
Passport revocation and denial over back child support
If you owe child support, it is crucial to have a clear understanding of the consequences you could face for falling behind and do everything you can to stay current. Some non-custodial parents owing support do not realize the wide range of penalties that can come up...
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...