Far too many families in New York struggle with overwhelming debt. This burden can leave you scrambling to figure out how to pay bills, prevent foreclosure and repossession, and keep food on the table. It’s stressful, overwhelming and frightening. If you’re in that...
Month: July 2022
Do you need financial experts in a New York high-asset divorce?
Getting a divorce when you and/or your spouse have an extremely high net worth introduces many potential problems. A spouse may have few financial resources and feel concerned about making ends meet after the divorce or believe that you’re trying to hide valuable...
What you should know about New York’s equitable distribution laws
The State of New York is considered an equitable distribution state. This means that splitting up property in a contested divorce is more complicated than dividing it in two equivalent portions for each spouse. Courts will consider multiple factors when considering...