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Prenups are rarely ironclad

On behalf of Keith B. Schulefand, Esq. | Aug 27, 2019 | High Asset Divorce

Robert De Niro is famous for his long and celebrated acting career thanks to such films as “Raging Bull,” “The Deer Hunter” and “Meet the Fockers.” Despite his fame, De Niro closely guards his privacy, so he is likely not happy that...

The do’s and don’ts of marital property

On behalf of Keith B. Schulefand, Esq. | Jul 16, 2019 | High Asset Divorce

Property division can be a serious point of contention when couples get divorced. Here in New York, marital property is divided in a fair and equitable manner while an individual’s separate property remains theirs wholly. The wrinkle is that couples who bring...

Using cryptocurrency to hide cash

On behalf of Keith B. Schulefand, Esq. | May 17, 2019 | High Asset Divorce

Digital currencies or cryptocurrency have been around since 2009, with Bitcoin being the most popular of a pool that includes thousands of others. While they have surged in popularity, critics worry about the unregulated nature of these markets. Essentially cash...

Jeff and MacKenzie Bezos file for divorce

On behalf of Keith B. Schulefand, Esq. | Apr 11, 2019 | High Asset Divorce

News of Jeff and MacKenzie’s split ricocheted around the internet last January. Worth an estimated $137 billion, the world’s richest couple split up after 25 years of marriage. To the surprise of many, there was no prenuptial or postnuptial agreement. The...

World’s richest couple did not have a prenup

On behalf of Keith B. Schulefand, Esq. | Jan 15, 2019 | High Asset Divorce

News of Jeff and MacKenzie Bezos’s amicable divorce took the internet by storm when they made the announcement early in 2019. Media outlets picked up on the story of the Amazon CEO’s impending divorce with even President Trump weighed in. The reason...

Automatic Temporary Restraining Orders freeze the estate

On behalf of Keith B. Schulefand, Esq. | Dec 7, 2018 | High Asset Divorce

Restraining orders have an ominous sound to them because of the association with assault and physical or psychological abuse. However, New York State and others utilize s (ATROS) when a couple files for divorce. The general premise is to have the couple put their...

What happens to a business in a divorce

On behalf of Keith B. Schulefand, Esq. | Nov 29, 2018 | High Asset Divorce

Upon the dissolution of marriage, marital assets are divided in a fair and equitable manner. Like it or not, a business qualifies as a marital asset unless it fits into one of the following categories: It was acquired or started before the marriage It was inherited or...

Professor who attempted to hide assets sentenced

On behalf of Keith B. Schulefand, Esq. | Nov 14, 2018 | High Asset Divorce

A University of Minnesota professor made national news in September when he was convicted of providing his wife with several forged papers as part of their divorce. These documents reduced the stated size of their retirement account from the actual amount of $891,116...

Who gets to keep the ring if the engagement is called off?

On behalf of Keith B. Schulefand, Esq. | Oct 3, 2018 | High Asset Divorce

It seems that engagement rings used to be more modest in size. Recent years, however, have seen a major shift where the ring is one part of a destination wedding on an isolated beach in the Caribbean or a big-ticket hometown wedding. The process of planning and paying...

College professor convicted of trying to hide retirement funds

On behalf of Keith B. Schulefand, Esq. | Sep 27, 2018 | High Asset Divorce

Part of the process of filing for divorce is creating a list of marital and individual assets. Ideally, the spouses and their lawyers can look at the list and draft a fair and equitable arrangement. While it may be tempting for one side to try to withhold “their...
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Recent Posts

  • Todd Palin files for divorce
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  • Prenups are rarely ironclad
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  • Grey divorce has a more significant financial impact on women

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