Divorce

Untangling assets may be complicated for couples undergoing divorce. Spouses should separate commingled assets and protect their property when they divorce. Separate property Generally, a spouse’s property owned before their marriage does not have to undergo property...

New York is an equitable distribution state, which means that the court will divide a couple's marital property in a manner that it deems fair during a divorce. In most cases, the exact split is determined by each person's income, net worth and age at the time of the...

Commonly, when one spouse decides that divorce is the right life choice for them, the other spouse does not agree. Indeed, it is actually uncommon for both spouses to come to that decision at the same time or together. Luckily, in most states, both spouses do not have...

Property division is a frequent source of discord in a New York divorce. While many will think about real estate, automobiles, jewelry, bank accounts, stocks, and retirement plans, there are other items that can be in dispute. Some are difficult to find and appraise....

Settling a divorce out of court can have several big advantages over letting a court decide. It's generally faster and, because it avoids some court fees, less expensive. It also gives the parties greater control over their outcomes. It's also private, as opposed to...

Divorcing an executive in New York is quite complicated and more complex than you may expect. This is because many factors are at stake, like stock options, restricted stocks units, or other assets that determine the compensation split you will receive. Here is what...

For many New Yorkers, saving enough money to make a down payment on a residential property can be difficult. With housing prices soaring, it can take years for an individual to save what they need to get into the real estate market. It is often after a person has...

The volatility of stock market prices can get couples a bit on edge when going through or thinking about a divorce in New York. Many spouses wonder how a decline or rise in the stock market portfolio will affect the division of their financial assets during a divorce....

New Yorkers who own a business understand the litany of challenges that go along with it. This is true whether they started the business or inherited it as a family operation. Keeping it afloat, improving it and earning a living can be difficult, but it is also...

A divorce may have a profound impact on your finances, and you may feel this impact for many months, years or decades after your union comes to an end. Therefore, it's important to understand how New York law treats the division of joint assets and debts in a final...