Marital Property

When you and your spouse call it quits under less than amicable circumstances, you probably don’t want to be in the same house, let alone room. Since an amicable and equitable living arrangement [...]

The law states that when spouses transfer property to each other during a divorce, the process is practically tax-free. This is one of the few instances where taxes don’t come into play, however. [...]

Divorce is a stressful and emotionally charged event for any couple, but in a high net worth divorce, there are significant personal and business assets involved that can create additional [...]

When a couple divorces in New York State, assets that they accumulated during the marriage are subject to equitable distribution. These assets frequently include a business that the couple [...]

In a lot of marriages, one spouse assumes responsibility for paying bills and managing household finances. This can be a convenient arrangement during a strong marriage, but if a divorce brings [...]

Pets are a huge part of their owners’ lives. They are companions, protectors, and important parts of the family. For that reason, many divorcing couples fight over who gets to keep the pet with [...]

When a New York couple gets married, each spouse usually assumes that everything they owned while single will remain theirs to keep in the event that the marriage ends in divorce. This isn’t [...]

When a couple divorces, it is not unusual for one spouse to try to conceal assets so that they are not subject to marital property division. The National Endowment for Financial Education [...]

Divorce is never an easy process, but when you’re ending a decades-long marriage it can be even more emotionally and financially challenging. There has been an increase in the number of older [...]

When a couple decides to separate, it’s not as simple as occupying different addresses. Such an arrangement changes where you get your mail, but nothing more. You’re still married, so any assets [...]