When a cherished vacation home abroad becomes part of divorce proceedings, it often creates unique challenges that require careful handling during property division in New York. How you own your vacation home matters The way you and your spouse set up ownership of...
Untangling decades of shared life is rarely easy, and the emotional turmoil of divorce often intersects with complex financial decisions. Among the most pressing is what to do with the marital home. Should you fight to keep it, consider the benefits of selling or...
Are you divorcing with stock options or Restricted Stock Units (RSUs)? These complex assets can greatly affect your divorce settlement and future taxes. Many employers, especially in tech and finance, now offer stock options and RSUs as part of pay packages. This...
As a business owner going through a divorce, you're not just experiencing the emotional turmoil of a split. You also risk losing the company you've worked so hard to build. However, with the right strategies and guidance, you can protect your business from the fallout...
The division of assets can be one of the most critical issues in a divorce. You might be wondering if you must share the inheritance you received with your soon-to-be ex-spouse. Understanding property division rules and how they apply to inheritances is essential....
Everyone knows that a divorce can wreak havoc with one's personal finances. For business owners, a divorce also has the potential to do serious damage to their company's bottom line -- and its long-term future. In this blog post, we'll discuss why that is, and what...
Pre-marital agreements have become very common in New York State, especially between persons who have had prior marriages. While a well-drafted premarital agreement can resolve many issues efficiently and without the anger or frustration that can accompany property...
Divorces almost always involve one or two issues that hinder the parties in their attempt to negotiate a settlement to divorce issues without a court room trial. One issue that is often the most problematic is the value of the family home. For most couples, the family...
Many people have set up retirement accounts through their employers or on their own. These accounts come in many forms, but many grow in value tax-free so long as the owner is still working. When they reach retirement age, the owner can withdraw the funds without...
In a New York family law case, property division can be complicated and lead to dispute between the parties. One of the most contentious aspects is how property that both contributed to acquiring or to its increase in value will be split. This can be made even more...