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...
High-asset divorce
Handling your art collection during a divorce
Divorce can be a difficult and emotional experience for New York residents, but the process can be even more complex for those with a valuable art collection. The division of assets, including artwork, can be one of the most challenging aspects of a divorce. However,...
How to deal with stress, anxiety and depression after divorce
Dealing with stress, anxiety and depression after divorce can be a challenging and overwhelming experience. Divorce in New York can be a major life change that can cause significant emotional turmoil, especially if the decision to divorce was not mutual. It's normal...
Consider income tax implications during divorce negotiations
New York couples amid a divorce usually don't put tax considerations at the forefront of their negotiations. Nevertheless, not planning for a change in your tax status after your split can have disastrous consequences. Paying attention to tax issues early in your...
The surprising financial benefits of divorce
Most New Yorkers see divorce as a situation that negatively impacts their financial health. However, there are some little-known financial benefits you can enjoy as a divorced person. These are a few notable examples. Early access to your retirement fund When you...
Understanding the differences in high-net-worth divorces
While a good deal of stress may accompany any divorce, the types of asset divisions and financial choices made in a high-net-worth divorce differ greatly from other divorces. If your New York divorce involves at least one spouse people with a high net worth, you...
Collectibles need special attention when settling a divorce
You can build a collection out of almost any objects that interest you. Although some collections hold primarily sentimental value to their owners, some of them consist of items with significant value. During a divorce, a collection may be a source of contention or...
How can you divide assets after spending a lifetime building wealth together?
Divorce is complex, regardless of when you decide to break it off. After years of marriage and wealth accumulation, however, it becomes much more complicated. If you have a high asset divorce in your retirement years, there are a lot of factors to consider that you...
What should you know about digital assets?
Going through divorce is difficult for everyone. Many couples will find the division of assets to serve as the toughest part of the split, too. In these days, it is important to keep an eye out for potential issues with hidden assets. This includes the possibility of...
Dividing your art collections in divorce
Divorce comes with a unique set of challenges which can include dividing your valuable possessions. As a New York resident, your art collection may include abstract works and professional photographs that celebrate the city. Here are some suggestions to keep in mind...
