The state of New York uses equitable distribution to divide a divorcing couple’s assets during a divorce. In other words, courts will evaluate how to divide the marital property fairly and equitably between the soon to be ex-spouses. However, it is important to...
Marriage should be an opportunity for two people to create a future full of promise and hope. For the pragmatic New York State business owner, however, prosperity may lie in the protections that a solid marriage agreement can offer. Keeping business separate from...
For New Yorkers over 50 whose marriage is struggling and divorce is on the table, there are different concerns that there would be for younger people who are just starting out in their adult life. With these cases – a so-called “gray” divorce – certain factors come to...
As many marriages have transitioned to two-income households, many marriages still have the more “traditional” marriage, where one spouse handles the financial responsibilities and the other the domestic responsibilities. While this can be an efficient way to run a...
Property division during divorce can be a difficult process emotionally and financially for the divorcing spouses. For that reason, they should be able to anticipate what will be divided during the property division process and how it will be divided. Types of...
There is an important difference between the different types of property a couple may possess when it comes to the property division process. Only marital property is generally subject to the property division process, unlike separate property which is usually not...
They say a person’s home is their castle and their refuge from the world. During the Covid-19 pandemic, many of us have grown to appreciate our homes even more as a refuge from fear of the virus and from wearing masks. For all these reasons and more, the marital...
