As soon as you come to the conclusion that your marriage is ending in divorce, it may be your first instinct to take possession of all of the investments you have worked your whole life to accumulate. However, this type of irrational behavior can actually be...
Preparing to get married in New York is probably one of the most exciting adventures you have ever taken in your life. The thought of spending the rest of your years with someone you care deeply about can be empowering. At The Wallack Firm, we are committed to helping...
Executing a prenuptial agreement is a common strategy for those who want to protect their assets in a divorce. These increasingly common documents allow those planning to marry to outline their expectations for the marriage and any divorce that could occur in the...
Whether you started your business after you got married, inherited it from your parents or purchased it, you likely have an interest in continuing to own and operate the business after your divorce. However, given that New York applies an equitable distribution...
The word alimony often calls to mind ongoing payments made from one spouse to the other after a divorce. While people often assume that a husband will pay a wife alimony or spousal support, the laws on the topic are actually gender-neutral, which means either spouse...
Sharing custody after a divorce is the most common outcome for New York families. Unfortunately, not every parent accepts joint custody situations with grace. Some parents will use their children as a weapon against their ex in a divorce. They may try to sever the...
No one wants to believe that their marriage is doomed to end in divorce, especially after taking vows to stick with your partner through bad times along with the good, and in sickness and health. The end of a marriage can be emotionally devastating, especially if...
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...
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.”...
Americans hide a lot of income to evade paying taxes. The Internal Revenue Service says it annually misses roughly $500 billion in tax dollars or about one in six dollars the public owes. Unsurprisingly, tax evaders also sometimes hide certain income from their...
