Short-term rental properties represent a significant source of income for many families. The largest online booking system, Airbnb, has over 7 million active listings for nearly 4 million hosts around the world. American Airbnb hosts earn an average of $14,000 annually from their properties.
Courts...
As a parent of a special needs child, your thoughts probably center around giving your child the life they deserve. But in many cases, stress and disagreements over your child’s needs can contribute to the breakdown of a marriage. According to some surveys, divorce and special needs children often, unfortunately, go hand-in-hand....
When high-net-worth couples divorce, financial issues like property division and spousal maintenance can take center stage. Resolving these issues can require extensive testimony and financial analysis.
One tool available to both parties in high-net-worth divorces is a lifestyle analysis. This accounting analysis helps the parties, lawyers, and...
Jewelry can have economic and significant sentimental value. It might represent an important event in your life. You might even have family heirlooms passed down through the generations before you received them.
To answer the question, jewelry might be divided in a divorce. Courts use the same rules for...
When you’ve decided it’s time to pursue a divorce, there are certain steps you must take in anticipation. One of these steps is determining whether you should file a contested or uncontested divorce.
The type of divorce partially determines how long you can expect to engage in the divorce...
Prenuptial agreements can significantly help protect assets and create a roadmap in the event of a divorce in New York. Spouses of all ages and financial backgrounds can benefit greatly from these premarital agreements.
If you’re interested in creating a prenuptial agreement prior to your marriage, you may...
Divorce cases can be challenging to navigate, especially when it’s a contentious or high-asset divorce. During your divorce, you must address many critical matters, including property division. To adequately divide your property, each spouse provides financial disclosures detailing their property, assets, and debts.
But what happens when...
One of the toughest parts about divorce is knowing when the time has come to end the marriage. Each situation is different, but sometimes, there are telltale signs that indicate you should start thinking about seeking a divorce.
If you’re considering filing for divorce, don’t wait to consult with...
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.
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...
