Special Considerations for High Net Worth Divorce
High-net-worth divorces typically require special consideration, compared to the average divorce. While there is no strict definition of a high-net-worth divorce, today’s high-net-worth divorce typically involves several million dollars in assets. Factors affecting high net worth divorces Successfully navigating a high-net-worth divorce requires careful planning and professional guidance. Here are some factors your attorneys will… Read More »
Understanding Fault vs. No-Fault Divorce
In order to get divorced in New York, spouses must have a legally acceptable reason for ending the marriage. This is typically expressed in terms of fault. What’s the difference between “fault” and “no-fault” divorce? Fault vs. no-fault grounds for divorce The choice between fault or no-fault grounds for divorce can significantly impact the process…. Read More »
Dividing Credit Card Points During Divorce
Dividing up assets during divorce can be challenging, and credit card points are often particularly difficult. While most people don’t think about credit card points as an asset, rewards can quickly add up. Unfortunately, many cards don’t allow owners to transfer points to someone else. What can you do? Separate or marital property? The first… Read More »
When to Consider Jewelry Appraisal During Divorce
Dividing marital assets can be a tough and often contentious process. However, it’s important for divorcing couples to understand the value of the assets they share. If you or your spouse own fine jewelry, it may be wise to have each piece appraised. Whether you choose to sell the jewelry and split the money or… Read More »
Why Women File for Divorce More Often Than Men
For decades, women have been more likely to file for divorce than men. What’s behind this trend? Here are some of the most common reasons women cite: Financial independence: Women started working outside the home and have had access to credit and bank accounts relatively recently. Without access to income, it’s much harder to leave… Read More »
Divorce, the Family Home and How Your Kids Could Be Affected
Deciding what to do with the family home is tough when it’s just you and your ex. When you have kids, it can be even more complicated. Should you sell, keep or share the family home, and how might it affect the children? It’s important to note that many couples have no choice but to… Read More »
Do You Need an Order of Protection During Your Divorce?
If you’re suffering from domestic violence, an order of protection (also known as a restraining order) can be useful. These orders can be issued as part of your divorce and custody case to protect you. Here’s what you need to know about getting your own order of protection. Do I need an order of protection?… Read More »
Social Media and Your Divorce
Social media is a great way to keep in touch with your friends, family, colleagues and community. Many people use it as a way to share their thoughts and life events, like weddings, births and new job announcements. When it comes to your divorce, however, you may want to take a step back. Social media… Read More »
A Quick Guide to Divorce Financial Disclosures
One major (and often contentious) part of divorce proceedings is dividing assets. Which are separate property? Which are marital property, and what can do you do if you disagree on how they should be divided? New York state requires couples to disclose their financial information and assets, so property can be split equitably. Here’s a… Read More »
Tips to Help You Deal With Your Divorce Over the Holidays
Divorce is a stressful and emotional process no matter what time of year you’re going through it, but it can be especially difficult around the holidays. People going through a divorce or having just recently finalized a divorce face more time with family who may have uncomfortable questions or unsolicited opinions about the recent change… Read More »