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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…
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…
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…
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…
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…
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…
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…
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,…
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…
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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