Understanding the Role Of Alimony in High Net Worth Divorce
Spousal support, also known as alimony, is the payment of money from one spouse to the other following their divorce. The obligation of the higher-earning spouse to pay spousal support is determined by several factors. In high-net-worth divorces, spousal support is often a significant concern due to the money involved. If you are going through […]
How does high asset divorce work in New York?
Ending a marriage can be one of the most difficult decisions a person will ever make. This is especially true for couples with considerable assets: the greater the number of assets involved, the more challenging the divorce can become. Who keeps the condo? Who keeps the vacation home? What about stocks, mutual funds, and cash […]
How Do I End My Marriage Peacefully?
Deciding to end a marriage is never an easy decision, and the process can often be overwhelming and complicated. Divorce inherently involves addressing emotional, financial, and legal challenges. However, the importance of ending a marriage peacefully cannot be overstated. A peaceful approach not only reduces the emotional strain on both parties but can also pave […]
Questions to Ask a Divorce Mediator
Divorce mediation offers couples a way to resolve important issues like child custody, asset division, and financial support without the confrontational nature of a courtroom. It provides a private setting where both parties can work together to create solutions that meet their needs and those of their children. However, to get the most out of […]
How Far Can a Parent Move With Joint Custody in New York?
After a divorce, both parents often pursue different endeavors, which may involve getting new career opportunities or exploring new things while moving on with their separate lives. However, the fact remains that addressing certain matters after a divorce is easier when both ex-spouses remain in the same locale, such as child custody and visitation. Addressing […]
What is Trial Separation?
Trial separation is a concept that has gained considerable attention in recent years. When a marriage or relationship hits rocky ground, it’s not always clear whether a full divorce is the right path forward. This is where trial separation comes into play. Compared to legal separation and divorce, a trial separation allows a couple to […]
Arbitration vs Mediation: What Is the Difference
Arbitration and mediation are both common methods for resolving disputes outside of court, but they operate differently and serve distinct purposes. In arbitration, a neutral third party, known as an arbitrator, reviews the evidence and arguments from both sides and then makes a binding decision. This process is typically quicker and less formal than going […]
Is New York State A Community Property State?
Filing for a divorce in New York can undoubtedly be confusing and stressful. Besides the emotional challenges, there are numerous practical considerations that need attention. One of the primary concerns you may have is how your assets and property will be divided between you and your spouse. This is a critical issue in divorce proceedings, […]
What to Ask for in Divorce Mediation
Preparing effectively for divorce mediation is crucial, especially when considering the specific goals and outcomes you hope to achieve. Knowing what to ask for during the mediation sessions can greatly impact the final terms of your divorce, affecting everything from financial arrangements to parenting responsibilities. This preparation not only helps streamline the mediation process but […]
What Is the Downside to Divorce Mediation?
Divorce mediation is recognized for its ability to provide a less contentious, more amicable path to resolving marital disputes. Unlike traditional divorce litigation, mediation encourages both parties to collaborate in crafting mutually beneficial agreements under the guidance of a neutral mediator. This approach not only reduces the emotional strain typically associated with divorce but also […]
