Year: 2022

Long before they retire, many couples have plans or at least ideas for how they would like to spend their retirement. This often includes thoughts of travel, taking up new hobbies or even starting a new business. These kinds of goals require significant planning,...

After decades of marriage, the prospect of a divorce can impact every area of life, including one’s business or professional practice. If a divorcing spouse owns a company related to construction, finance, technology or other business, or runs a medical or legal...

After years of building a business or professional practice in New York, many look forward to the day of retirement, when they can reap the benefits of their hard work and careful saving. However, if retirement is only a few short years away and divorce is on the...

Couples divorcing after retirement have a very different set of concerns than those divorcing earlier in life. Older partners generally do not have child custody and support concerns. However, these couples likely face a complex asset division, including various...

When a couple has been married for two or more decades, divorce can include some complex matters. Divorce preparations must consider homeownership, a growing retirement fund and children preparing for college. If one spouse owns a business, this adds even more...

Overall, divorce rates have been dropping during the past few years. However, one demographic shows a marked increase in divorce, and that is among couples over the age of 50. In fact, over 25% of divorcing couples are in their 50s, and more than half of them have...

Divorce rates among mature adults continue to rise. The data shows that couples older than age 65 are divorcing three times more often than the past generation. These “gray divorces” can have devastating consequences without careful planning, and many do not realize...

Unfortunately divorce proceedings can deal a financial blow to the parties involved. However, there are several things divorcing individuals in New York can do to protect their finances each step of the way. Here is a rundown on what to do and what not to do...

One of the most challenging aspects of a divorce involving children in New York is managing the children’s household transitions after the divorce. Both the children and the parents can find it emotionally challenging when the children leave one parent’s...

Getting divorced can be challenging for couples of any age, even when both divorcing parties agree on the decision. However, New York couples who are over the age of 50 typically face the extra hurdle of having to navigate their upcoming retirement years not long...