Strategies to preserve wealth in high net value divorce cases

Many divorce cases in New York are complicated. For couples who have been married many years and have accumulated significant wealth, dividing assets becomes even more complicated, even if the divorce is friendly. If you and your spouse are considering splitting up, you should concentrate on five key areas to help keep as much of …

What are the seven grounds for divorce in New York?

Divorce is losing its negative stigma and is seen by many in New York as a reasonable way to end an unhappy marriage and step forward on a positive note. However, when filing for divorce, a person must state one of seven grounds that the divorce is based on. Irretrievable breakdown of the marriage The …

High asset divorces in New York City

The divorce process is a stressful one at best and a contentious one at worst. One of the issues that can take the situation from stressful to contentious is asset division. While houses, checking accounts, and vehicles are often the sources of fighting during a divorce, divorcees in New York should be sure to watch …

The cost of divorce late in life

While divorce at any age can pose financial problems once the ex-spouses are on their own, older people face unique challenges when they decide to divorce in their twilight years. The divorce rate in America has actually gone down in recent years, decreasing among couples between 25 and 39 by 21%. But the so-called “gray …