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An important and complex aspect of any divorce is the distribution of assets and debts the couple has accumulated. When the couple is a same-sex couple who have been together since before same sex marriage was legally recognized, this complex process becomes particularly convoluted especially if a...

Creating a fair parenting plan for custody of the children of your marriage is of the utmost priority in your divorce. Today, many families include half-siblings and step-siblings. You and your spouse may have children together, and you each may have children from previous relationships. It is also...

Halle Berry recently decided to represent herself in her divorce from Oliver Martinez. The couple married in 2013 and separated in 2015. News outlets reported their divorce was finalized in 2016. However, by 2018, it was reported that a final parenting plan had never been filed with the court. To...

Asset division is at the heart of the matter in the financial segment of a divorce. The distribution of marital assets between the spouses largely determines their financial stability and economic future.
Businesses are some of the most pivotal assets considered by the court. How those...

The division of assets in a divorce is crucial to the financial futures of the spouses. A fair division of assets is required under New York state equitable distribution law. For many couples, a professional license or practice (think doctor, lawyer, or dentist) or a business is a key asset in...

Divorce requires a detailed valuation of all of your assets, followed by a comprehensive division of the assets. Marital assets are divided in a way that is fair but necessarily equal because New York state uses the equitable distribution method of asset division. When you and your spouse own a...

Recently we talked about how private judges can offer a way to keep your divorce proceeding completely private. When you and your spouse retain a retired judge to act as an arbitrator for your divorce, your case becomes completely private--only the arbitrated settlement submitted to the state court...

Income plays a significant role in divorce proceedings. The parties' incomes are central to determinations about child support and spousal support (alimony). Complete financial disclosure is required as part of the divorce proceedings and this disclosure includes income. The court cannot set child...

Divorce is one of the most difficult things to face in your life. On the Life Change Index that ranks common stressors in life, divorce is the second highest item, falling only beneath the death of a spouse. Managing divorce is challenging for anyone, but it becomes particularly onerous when one or...

You got married without a prenuptial agreement. Everything in your marriage is going well, so why would you need a postnuptial agreement? A postnuptial agreement can offer security and clarity by establishing an understanding of how assets will be handled in a divorce. There are benefits and...