Dividing assets in a divorce can be complex. It becomes even more complex when executive compensation is in the picture. Understanding how executive compensation works and how it is divided in a divorce can help you know what you are entitled to. Types of executive...
Buffalo Family Law And Divorce Blog
What is one thing most couples forget to address during divorce?
Those who are getting divorced need to go through a checklist of topics. They need to discuss which assets are subject to division and which are not. They need to go over how to divide the assets that are divisible and review retirement accounts. If one or both own a...
What makes a high-asset divorce complex?
The experiences of people going through a divorce can be different. And the differences can be major for people going through a high-asset one. Therefore, if your divorce involves high-value assets, you should be ready for a complicated process. Here are factors that...
What should unwed parents know about their rights in New York?
Families today look a lot different than they did in past eras. For example, many families root and grow without parents ever getting married. Unfortunately, a breakup or irreconcilable differences can plague unwed couples just as they do those who are married. It is...
Do you have to sell your business in a divorce?
You and your spouse are getting divorced, so you know that that means it’s time to divide your assets. Marital property has to be split up between the two of you. Separate property is often just retained by the owner. The problem is that some of that marital property...
How are retirement accounts divided during divorce?
People going through a divorce must divide the assets they accumulated during the marriage. This includes their retirement accounts. Some couples are lucky because each person has their own account, and both accounts are relatively equal. In that case, both parties...
Is it legal to leave NY with a child if there’s no custody order?
Child custody matters can be complex and emotionally charged, particularly when parents do not have a custody order in place – and this is particularly true when one parent decides that they suddenly want to relocate somewhere out of New York state with their child....
Is your spouse hiding assets from you?
Property division is a crucial aspect of divorce. New York follows an equitable distribution law, which means marital property is divided as fairly as possible. Couples can have a smooth property division, but some factors can make the process difficult, including...
Parallel parenting: Considerations for this parenting style
Separation or divorce often challenges parents to determine the most effective child custody arrangement. Traditional co-parenting strategies may not always be feasible, particularly in high-conflict situations. In such cases, a form of co-parenting known as parallel...
4 tips to apply when going through a high-asset divorce
Going through a divorce requires being informed to make the right moves. And people going through a high-asset divorce may need more information due to the complexity of their process, particularly property division. This guide discusses four tips to apply when going...