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There are few easy paths to take through life. That’s certainly the case in what can be one of life’s most trying experiences: divorce. There are paths a couple can take through divorce – and difficult issues such as property division…
Infidelity, incarceration, abandonment. Those are three of the seven grounds for divorce in New York. Let’s take a look at all the grounds for divorce that can be used, as well as the one that is most common in our state.…
The Baby Boom generation has been predictably unpredictable, breaking and remaking traditions at every turn. It’s no surprise then that as America’s largest generation gets a bit grayer, it’s breaking yet another tradition with late-in-life divorce at an unprecedented rate. According to…
When a couple is going through a divorce in New York, each partner generally keeps property acquired before the marriage, but everything else might be considered marital property. New York follows equitable distribution laws, so joint property is split between the…
The end of marriage necessitates change, but even when New York spouses attempt to embrace their new financial standing as divorced individuals, they often still underestimate or forget about key differences in this new lifestyle. When contemplating divorce settlement agreements…
Citadel Hedge Fund founder Ken Griffin is well known in New York financial circles. Worth an estimated $5.5 billion, Griffin surprised observers when he announced his divorce from fellow financier Anne Dias-Griffin. Among those surprised by the divorce petition was…
Some New York spouses facing divorce might try to pull one over on their soon-to-be ex by using strategies like padding payroll records from their business to make their income seem lower than it is. Some people might be able…
New York residents may be interested in a high-profile divorce involving the oil magnate Harold Hamm. According to authorities, the dissolution of the 26-year marriage between Hamm and his wife might result in an unprecedentedly expensive divorce judgment. The Oklahoma…
While any divorce in New York can become contentious, a high-asset divorce has pitfalls related to the separation of funds and property that many others do not have. Kenneth C. Griffin, billionaire and founder of Citadel LLC, is experiencing this first-hand as…
New York couples dealing with a home in the midst of a divorce may face confusion about the best approach to splitting this asset, particularly if a mortgage still exists or if a new mortgage will be sought by either…
