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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....
Sharing parental rights and responsibilities is commonplace. When parents divorce or break up with one another, they generally have to share parenting time and decision-making authority. Occasionally, one parent can make decisions that may have negative implications...
While it might not sound romantic, many couples choose to sign a prenuptial agreement before saying, "I do." This legal document, commonly known as a "prenup," helps couples plan how they'll handle their finances and assets during their marriage and if they ever...
Partition actions can be a key legal remedy for co-owners of property in New York who can no longer agree on how to manage or sell their jointly owned real estate. If you find yourself in a spot where co-ownership has become hard to handle, knowing about partition...
Navigating co-parenting after a separation can feel like charting unknown waters. A co-parenting plan is your map for this journey. It adds to your custody arrangement by setting clear rules for daily parenting tasks, such as school pick-ups or sharing health updates....
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...
Trusts are a cornerstone of the estate planning process. Individuals who want to ensure the management of their estate and protect their loved ones can benefit from establishing a trust. As a guarantor, when you establish a trust, you create an untouchable account to...
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...
As a landlord, you may encounter situations where tenants violate their lease agreements. This can be frustrating and potentially costly for your property management business. Having a firm grasp on the legal options available to you can help you navigate these...