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...
High-asset divorce
How do you divide debt during a divorce?
When couples talk about division during divorce, they talk about property and asset division. How can you divide your home or the wealth you accumulate during your marriage. An equally complex division, however, includes your debt. According to Experian, your debt...
What constitutes marital property in New York?
One of the most difficult topics to negotiate in a New York divorce case is property division. If you are like many other people who are going through a divorce, you may find the idea of separating all positions you received throughout your marriage a little...
Can you collect Social Security using an ex-spouse’s record?
When you and your New York husband or wife divorce, you may have concerns about getting by financially without the help of your spouse. If you are nearing retirement age, you may feel especially worried about whether you are going to have enough available to you to...
Is your spouse hiding digital assets?
High-asset divorces come with numerous surprising and unique hurdles that other forms of divorce do not necessarily have to deal with. This can include an increased risk of your spouse attempting to hide assets. These days, more spouses turn toward digital means when...
How can you uncover a spouse’s hidden cryptocurrency accounts?
During a divorce, some spouses may attempt to hide money or assets to avoid a fair split. One way a spouse may hide cash is through the use of cryptocurrency. According to CNBC, possibly over 20 million Americans own cryptocurrency. If you worry that your spouse may...
Dealing with a high-asset divorce in New York
Divorce is a tough process for anyone in New York, but it can be harder for people with many assets because they have a lot more to lose and a long list of things to be done to ensure proper division of property. If you have accumulated a substantial number of assets...
Navigating the complexities of a divorce with foreign assets
New York couples who have been married for a long time may have accumulated substantial assets and might face more complex issues when they choose to divorce. The issues can be particularly complex when some of the assets are held in other countries. Property located...
Divorce tips for female business owners
New York female business owners who are considering going through a divorce likely have a lot of questions on their minds. It's fairly normal for marital assets to be split up throughout the divorce process. When it comes to your business, it's important to understand...
Avoiding pitfalls in a New York high-asset divorce
Like many other people, wealthy individuals in New York enter marriage intending to stay with their spouses for the rest of their lives. However, wealthy couples sometimes decide that leaving the marriage is the best solution. It is wise to have structured separation...