When significant wealth and assets are at stake in a divorce, it complicates the entire process. Often spouses cannot reach an agreement on critical divorce and family issues like child custody, property division and support. In many cases, this ongoing disagreement...
How to split the practice
If your spouse is also one-half of your professional practice, divorce carries significant risk to your livelihood. New York’s family laws divide property on an equitable basis, and that will extend to your business. To have an idea of what that will look like, you...
What is the role of a QDRO in a divorce?
There are so many laws and rules about divorce that it can seem like it has its own language. The jargon around divorce can make it hard for people to understand what they read in legal documents and what they hear in court. One of the terms that people often throw...
Timing the valuation of your marital assets in a divorce
Splitting up the marital assets can be one of the most complicated aspects of divorce, especially if some of those assets have an unclear value. At some point, a valuation will need to be performed on those assets -- but you need to time the process carefully. The...
How a real estate divorce specialist can help you and your spouse sell the family home
Divorce and the sale of a home are two of the most stressful life events people can experience. Doing both at the same time can seem overwhelming. If you and your spouse have opted to sell your home and split the proceeds in your divorce, you may be dreading having to...
Can you claim a part of your ex’s pension in your divorce?
Figuring out how to split up your property is one of the most difficult parts of getting a divorce. The chances are good that you and your ex don't agree about what is fair and appropriate. You may hope to secure a portion of certain assets for yourself, while your ex...
Division of retirement accounts in divorce cases
When people in New York get divorced, they will have to divide their marital assets. The assets will be divided by the court in a fair and equitable manner. The types of property that are considered to be marital property include all of the assets that either spouse...
Many New York divorces hinge on retirement asset division
When two people are married and have jointly owned assets, the divorce proceeding divides those assets. Most understand how that affects jointly owned assets, like a house, vehicles, furnishings and other assets. Those assets also include retirement accounts even if...
Financial issues that arise when older adults divorce
When people decide to divorce after retirement or as retirement approaches, they might be more financially vulnerable than younger individuals who get a divorce. Younger people have more years ahead of them in the workplace to recover financially that may not be...
Kristin Cavallari’s divorce might be complicated
New York fans of "Laguna Beach" and "The Hills" have likely heard that reality star Kristin Cavallari is going through a divorce from Jay Cutler, an NFL player. Cavallari's net worth has significantly increased with her fame, and it may be at issue in her divorce....
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