One of the most essential matters you’ll deal with during divorce is the distribution of property and assets. While a major topic in New York, it can also be one of the most challenging, especially in high-asset divorce cases. Part of the difficulty of property division is asset valuation.
Category: Divorce
Protecting the Trust Fund During a Divorce
One of the most important matters you’ll address during your divorce is property and asset distribution. If you have a trust fund, you may wonder what happens to the trust and whether the assets in your trust are available for division.
When you’re dealing with a divorce and have...
The Effect of a Divorce on Visa or Immigration Status
Going through a divorce can be difficult enough as is, but it is especially so when visas or immigration status are involved. If you’re concerned about how your divorce will affect your U.S. residency, it’s important to reach out and work with a divorce attorney who is well-versed in these unique...
How Are Collectibles Divided in a Divorce?
There are several important matters to handle during a divorce, including property division. However, dividing property, including collectibles, between spouses can be particularly challenging, especially when the two have certain attachments to their items. Fortunately, a skilled divorce attorney can assist throughout the process.
What are collectibles?
The Impact of Pre-Marital Debt on Divorce Settlements: Separate vs. Marital Liabilities
There are several important matters separating couples must face during their divorce proceedings, one of the most significant being debt division. While many divorcing spouses are aware of the importance of property division, debt distribution is often just as substantial, especially when spouses have extensive debt.
Navigating debt division...
Unique Challenges and Considerations for Divorcing Couples Over 50
Divorce can be mentally and emotionally challenging, no matter your age or how long you’ve been divorced. However, for older couples over 50, going through a divorce can come with a whole host of unique obstacles that younger couples do not need to overcome.
While navigating a divorce over...
How to Protect Your Professional Licenses and Credentials in a Divorce
It often takes years of hard work and money to obtain professional licenses and credentials, but the payoff is typically higher salaries and more employment opportunities.
However, if you’re going through a divorce, it’s important to know whether your spouse has any claim to your professional licenses and...
The Process of Business Valuation Methods in Divorces
Many divorces involve one or both spouses having valuable business assets and interests. When this is the case, these assets and interests must be evaluated during the accounting of assets. As you might imagine, the processes and methods involved in business valuations are typically more complex and involved than the...
How a Lifestyle Analysis Determines Spousal Support
During a divorce, the courts work hard to ensure that each spouse enjoys a post-divorce standard of living comparable to the standard of living during the marriage. To do this, judges need hard evidence of each spouse’s lifestyle.
Although the Statement of Net Worth and other financial records...
Protecting Confidentiality With Non-Disclosure Agreements in Divorce Proceedings
Divorce is a private and typically stressful matter. When the facts or details of a divorce get out, people face all manner of reactions and emotions, from stigma to personal guilt. Fortunately, divorcing spouses can protect the confidentiality of their divorce proceedings with a well-crafted non-disclosure agreement (NDA).