According to research, there is a rise in divorce among empty nesters in New York and around the country. To understand this increase, it is important to investigate the reasons why this happens. The children held the marriage together Many couples revolve their lives...
High-asset divorce
Mistakes doctors should avoid during divorce negotiations
If you are a physician considering divorce in New York, you probably have more things to consider than most other divorcees. One of the most critical considerations for doctors is their medical practice. With the swirl of emotions involved in the split, many make...
Divorcing a CEO and dividing assets fairly can be challenging
If you are ending your marriage with a top executive in New York, dividing assets fairly can be challenging if it's a high-asset divorce. In this situation, it is crucial that you research how executive compensation works. If, as a bonus, your spouse receives...
Ways to protect your finances during a divorce
Married couples take their vows seriously, but that doesn’t always mean they’ll last happily ever after. Sadly, many New York marriages end up in divorce for a variety of reasons. If you are going through a divorce, you’ll want to take certain steps to protect your...
How divorce could affect your medical practice
If you are a doctor in New York about to get divorced, evaluating your medical practice is one of the most crucial steps in preparing for this life-changing move. These days, most doctors have a partnership or are involved in a group practice, so accurately assessing...
What makes prenuptial agreements different from postnuptial ones?
A relationship can change the life of any New York resident. It can also affect your finances for better or worse, especially if you decide to marry or divorce. Fortunately, prenuptial and postnuptial agreements can protect a married person's financial future after a...
Hiding assets using cryptocurrencies in a New York divorce
The property division process is one of the most important parts of a divorce in New York. A couple's future greatly depends on its success. Unfortunately, since the rise in cryptocurrency and other online digital assets, some people have found a way to hide or...
How to keep your capital gains tax break in a divorce
New York homeowners receive a significant tax break on capital gains from selling their homes. A divorce puts this valuable tax break at risk. Married couples can qualify for a tax break on up to $500,000 of capital gains income; single taxpayers can only receive a...
What are some common financial mistakes made during a divorce?
During a divorce, a New York couple has a lot of financial considerations. Unfortunately, there are certain important aspects that can be overlooked that end up being costly. These are some common financial mistakes to avoid during your divorce. Not having a full...
Divorcing gracefully in New York
Television dramas can oftentimes paint New York divorces between parents as dramatic, messy, and heart-wrenching. However, many divorces, even those that involve children, are amicable. Your actions during the divorce can make a huge difference in how the divorce...