Separation Agreement vs. Divorce Agreement
Breakups are hard. Whether you're separating or divorcing, it can feel overwhelming—emotionally, legally, and financially. Many people aren’t ready to jump straight into a divorce and want to explore other options.
That’s where a separation agreement may come in. In New York, couples have more than one way...
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Divorce Considerations for the Small Business Owner (or Their Spouse)
Divorce is always a sensitive subject — even during the most amicable of splits, you might find yourself in a long, hard fight to secure what is rightfully yours. This is especially true for separated couples in which one of the partners owns a small business.
Small businesses...
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Dissolving the Economic Partnership: Equitable Is Not Always Equal
Divorce is already emotionally taxing without the added stressor of financial considerations. When dissolving the contract of marriage, economic losses beat out economic gains every time. Additionally, an equitable division of resources doesn’t always spell an equal division of resources.
Divorce and Economic Stability
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Are Prenuptial Agreements Only For The Wealthy?
Marriage is an economic partnership. Most people would not go into a new business partnership without clearly outlining the financial terms to protect themselves if the partnership does not work out.
Although prenuptial agreements sometimes have a stigma of being associated with celebrities or a wealthy individual and...
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How to Prove that a Parent Is Unfit to Share Custody
Your child custody arrangement can have a significant impact on your child’s life. Ideally, both parents share custody of their child. Joint custody is typically most beneficial for the child where two parents are able to work together and raise the child even though their relationship is over. However, this is...
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How Does Shared 50/50 Custody Work?
Child custody is not one size fits all, as there are many different types of custody arrangements possible. 50/50 custody is one of the most common types of arrangements, as it can give the child quality time with both parents equally.
If you or the other parent are...
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Bitcoin and Cryptocurrency in Divorce Cases
Cryptocurrency is becoming increasingly popular, making it more common in divorces. However, because cryptocurrency is still relatively new and unknown to many, it can add a layer of complication to a divorce case.
If either spouse is involved with cryptocurrency, it is essential to have a New York...
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At What Age Can a Child Decide Which Parent to Live With?
Deciding who gets custody of a child is often a life-altering decision. The court will consider many factors when determining a suitable custody arrangement for the child and the parents.
In some cases, the judge may consider a child’s preferences when making the decision. However, whether the judge will...
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Who Gets to Keep the Engagement Ring?
Who gets to keep the engagement ring after a couple decides to divorce? You would think there would be a simple answer to this question because it was a gift from one person to another. So the gift receiver should keep the ring, right? Not so fast.
As...
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If I Move Out, Is It Considered Abandonment?
Deciding to move out of the marital home during separation or divorce can raise concerns about abandonment and how it may affect legal proceedings. Many spouses worry that leaving the family home could harm their case regarding property division, child custody, or spousal support.
However, New York law does...
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High-Net-Worth Divorce
Handling a high-net-worth divorce in New York requires experience and a solid understanding of complex financial issues. Ascertaining the value and relevant contributions to multiple properties, investments, business interests, and numerous accounts can complicate the distribution of marital assets. Tracing separate property, protecting inheritances, and locating all of the assets often...
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How to Prepare Your Finances for a Potential Divorce
Marriage is an economic partnership and divorce involves the untangling of the partnership. Besides custody and parenting issues, most aspects of a divorce relate to financial issues. Understanding your financial circumstances is critical to being prepared for a divorce.
There are important steps you can take to
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