Divorce is challenging for all members of a family, including children. Unfortunately, some New York parents use their children as go-betweens or even weapons against each other. This can be especially problematic for children and interfere with their ability to...
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Do you need a financial advisor on your divorce team?
When you divorce your husband or wife in New York, you may find that it has financial implications that impact numerous areas of your life. A divorce has the potential to offset everything from your retirement plans to the size of your savings account, but there are...
Using a buy-sell agreement to protect your business
Owning a business is a good reason to have a prenuptial or postnuptial agreement. If your spouse is a co-owner or has invested any work into your enterprise, a court may rule that your spouse has an entitlement to some of your business value. Some entrepreneurs end up...
Are you responsible for your spouse’s tax errors?
After a fair divorce settlement, you may feel a sense of relief. Unfortunately, the payment does not permanently mark the end of the conflict. Even if the court determines your spouse has the majority of tax responsibility, if he or she makes an error on the tax...
How do you handle long distance custody arrangements?
When dealing with child custody, a parent who has to deal with long distances may wonder whether or not they will get a fair share of their child's time. This valid question plagues everyone from military members to those who must care for sick or elderly relatives....
Dividing frozen embryos in divorce
If you have frozen embryos with your soon-to-be ex-spouse, you may need to go to court to determine who gets access to the embryos in a case of complex asset division. Here are some important things to know about dividing frozen embryos in a New York divorce. What...
What to do with jointly owned real estate after a divorce
Going through any divorce can induce feelings of stress and anxiety regardless of the circumstances. However, for individuals who are involved in a high-asset divorce in New York, figuring out how to deal with jointly owned real estate assets can be even more...
A forensic account could help during your divorce case
If you’re going through a divorce, one of the things you need to do is to make sure you can identify all your assets. Doing this isn’t always easy, especially if you have some unusual assets or aren’t privy to all of your spouse’s assets. If you find yourself in that...
Could gambling affect the division of assets in your divorce?
Marriage is one of the biggest, most significant risks you can take. If you win, your prize of security and companionship could bring you more happiness than anything else in your life. Isn’t that worth a gamble? If you’re like 61.24 million Americans in 2018, you...
When your new spouse has old tax problems
Marriage often has tax advantages. One of the little charms of being a relative newlywed may be looking forward to a tax refund or to a manageable tax bill. That is typically when people realize they are what the Internal Revenue Service calls an “injured spouse.”...