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Tech Billionaires’ Divorce Drags Through The Courts

Settling a divorce out of court can have several big advantages over letting a court decide. It’s generally faster and, because it avoids some court fees, less expensive. It also gives the parties greater control over their outcomes. It’s also private, as opposed…

What Can Child Support Be Used To Cover?

When child support is paid, it is intended for certain uses to support the child. Children have the right to financial support from both parents. Tyically, they are entitled to financial support until they are 21 years old. It is helpful for parents…

Dealing With Executive Compensation In A New York Divorce

Divorcing an executive in New York is quite complicated and more complex than you may expect. This is because many factors are at stake, like stock options, restricted stocks units, or other assets that determine the compensation split you will receive. Here is…

What Is The ‘Best Interests Of The Child’ Standard?

Child custody decisions can be some of the hardest decisions divorcing parents in New York may face. After all, it can be heartbreaking to come to the understanding that after your divorce there will be times when your child is not in your…

Millennials Embrace The Pre-Nup

A once taboo pre-marital agreement has become vogue amongst the millennial generation. The prenuptial agreement or “pre-nup” is essentially a contract signed by soon-to-be-married parties that delineates how marital assets will be divided in event of divorce. In the past, the agreement was…

Addressing Property Division With Multiple Real Properties

For many New Yorkers, saving enough money to make a down payment on a residential property can be difficult. With housing prices soaring, it can take years for an individual to save what they need to get into the real estate market. It…

Handling Fluctuating Stock Prices During Divorce

The volatility of stock market prices can get couples a bit on edge when going through or thinking about a divorce in New York. Many spouses wonder how a decline or rise in the stock market portfolio will affect the division of their…

Divorce And Property Division For Business Owners In New York

New Yorkers who own a business understand the litany of challenges that go along with it. This is true whether they started the business or inherited it as a family operation. Keeping it afloat, improving it and earning a living can be difficult,…

Birdnesting: A Way To Reduce The Impact Of Divorce On Children

When a New York City couple decides they can no longer be together, and a divorce is imminent it can be hard on anyone. For the parents, it is often one of the worst times of their lives. For their children, it can…

The Potential Financial Consequences Of A Divorce

A divorce may have a profound impact on your finances, and you may feel this impact for many months, years or decades after your union comes to an end. Therefore, it’s important to understand how New York law treats the division of joint…

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