Breakups are complicated — splitting up, divorcing, or separating can be one of the most traumatic human experiences.

Many people are hesitant to jump straight to divorce when a relationship is disintegrating due to the extensive psychological and financial ramifications of officially dissolving a marriage. It’s for this...

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...

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

According...

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...

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...

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...

Many people fear that if they “abandon” or leave the marital home, it could somehow hurt them in a later divorce. This is a common misconception. Under current New York state divorce law and procedure, moving out of a marital home is generally not a major issue. However, it can have...

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...

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 prepare...

Spousal maintenance, spousal support, and alimony all refer to the same concept. When a couple divorces or separates, the parties will often have a disparity in economic situations. A court can order spousal maintenance so each person can meet their expenses each month.

Here are some of the...