New York Matrimonial Law Blog
How can hidden costs impact your high-asset divorce settlement?
When marriages end, money matters become more challenging for wealthy couples. While most people focus on splitting houses and bank accounts, minor financial details can make a big difference. These details will shape your money situation long after the divorce ends. ...
Is an uncontested divorce an option for you?
Ending a marriage brings heavy emotions and tough decisions, but you don't need to face a long, draining court battle. If you and your spouse can talk openly and find agreement, an uncontested divorce offers a gentler path forward. With the proper guidance and...
How to protect your finances during a gray divorce
Ending a marriage after 50 brings unique financial challenges, especially in an expensive state like New York. While younger couples still have years to rebuild their wealth, divorcing later in life leaves you less time to recover financially. Even if you live...
Temporary orders: What role can they play in your divorce?
Going through a divorce can make you feel like you are losing control, especially at the very beginning. However, if it is necessary to get divorced, then you will likely encounter an implementation of temporary orders. Let us dive into how these orders function...
What is asset commingling and how does it impact your divorce?
Property division could be one of the most complex and contentious issues you may face during a divorce. One factor that could significantly complicate this process is asset commingling. But what exactly is commingling, and how might it affect your divorce settlement?...
How does mediated divorce agreements benefit couples?
Divorce can be tough, but mediation offers a less hostile way for couples to end their marriage. In New York, mediated divorce agreements have strong legal power when done correctly. Knowing how state law treats these agreements helps couples make smart choices about...
When does inheritance become marital property in NY?
When you inherit something, you might assume it belongs solely to you. Generally, New York law treats inheritances, like gifts, as separate property. However, divorce can complicate this assumption. If you haven't kept your inheritance completely separate from marital...
How to address financial entanglements in high-stakes divorces
When couples choose to end their marriage, they will have to disentangle their financial connections. This process is especially complex in cases involving substantial assets or debts. If you find yourself in this situation in New York, understanding the basics can...
Determining your share of the pension during divorce
The New York Supreme Court considers retirement plans and pension benefits as marital property. As such, these accounts are subject to the state’s equitable division laws when you file for divorce. Courts divide the retirement assets fairly between you and your spouse...
Mediation can help family businesses survive divorce
When a divorce involves a family business, the consequences can go far beyond personal relationships. The way the company runs, its money and its future plans can all change. While many think courtroom battles are inevitable, private mediation offers a great...