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Rental properties are often income-producing assets, which means that a family law judge must look beyond market value and consider rent rolls, expenses, capital improvements and long-term appreciation when factoring these assets into a decision about contested...
For young people in America, although divorce certainly does still happen, it has been growing less common. The opposite has been happening for couples who are 50 years old and older. Their divorce rate has been going up, and these cases are often referred to as “gray...
A typical divorce case involves both spouses. Some people have an amicable divorce where they can go through mediation and agree on key points on their own. Others have a litigated divorce where they go to court and present their case so that they can get a court...
If you and your spouse are separating, divorcing or are struggling in your marriage and you suspect that your spouse may be hiding assets, it is important to take discreet action to safeguard your rights. Although full financial disclosure is required in divorce...
Co-parenting works well for many separated or divorced parents, especially when their communication remains respectful and both parties are committed to working together for their child’s well-being. But not every relationship is built for cooperative parenting. If...
Many divorce cases lead to shared custody, and couples address this by moving their kids back and forth between their homes. The kids may live with one parent for a week and then move to the other parent’s house. But there is an alternative, which is having the kids...
The more assets spouses acquire during marriage, the harder it may be for them to reach a property division settlement during divorce. Spouses may find themselves disagreeing about what assets are subject to division and also what their resources are actually worth....
An inherited asset can be money, property or valuable items. Anything of financial value can count as an inheritance under New York law, as long as it's received through a will, trust or estate. In contemplating divorce, you might wonder how it affects these assets....
Yes. Couples can choose to keep a property together even after a divorce. Co-owning a house after a divorce may make sense for some couples who want to try nesting or birdnesting. It can also make sense to keep a property together if: You are underwater on your...
Postnuptial agreements are crucial in protecting valuable assets during a divorce or the death of a partner. Real estate, in particular, can take up a substantial part of the marital estate. If you and your partner manage multiple high-value properties, mortgages and...