Couples use a prenuptial agreement to add clarity to who brings what assets into a marriage. From owning property such as a home, business or vehicles to financial assets such as an income property, deferred compensation or retirement accounts, it is wise to ensure...
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Property Division
Complexity often spikes in high-asset divorce cases
Many divorces in Nassau County and spanning the New York City metro are uncontested. It is often the case in such decouplings that impending exes are able to move through the dissolution process and ink a divorce settlement relatively quickly and with a minimum of...
The court views your business as marital property: what are your options?
As a business owner, you have put time, effort, energy and money into your company. If the court regards your business as marital property, however, you will face unique challenges during property division. Generally, there are three options available to business...
Thinking about equitable distribution in divorce
Divorce is a difficult process, even if spouses remain compassionate towards each other. The end of a marriage is always easier when the people in it can solve any disagreements about how it will end quickly and smoothly. The children of divorce who are not yet of...
What do I need to know about property before divorce?
A divorce is never an easy thing for a couple to go through, even if the proceedings are amicable. Although children of a marriage that is breaking up are the most important and often most divisive issue in a divorce, the division of property from a marriage is...
Correcting a mistake in marital property division
Other than children, division of martial property is probably the most important and contentious part of a Long Island divorce. Both spouses must be ready to demonstrate their claims to marital property if they are not simply -- or amicably -- dividing property...
How can I get the right documents for my Long Island divorce?
Divorce is never easy, especially when you are bringing an emotional problem into the realm of legal speech and requirement. Although the process can be lengthy and complicated, much of the legwork in finding the right documents for property division and other related...
Protecting your retirement plan is important during divorce
One of the things you may fear about your divorce is the possibility of losing your retirement savings. You've saved up for years to make sure you'll have a comfortable retirement, and the idea that your hard work was in vain is almost too much to handle. Fortunately,...
What can I do if I’m not happy with my property valuation?
It is very common for a property owner to challenge the valuation of their property. One of the reasons for this is that the tax implications of the valuation can be dramatic. Usually as a property owner you are allowed to meet with the assessor to present your case....
How a divorce affects inheritance
Divorce is a difficult process that affects all shared property, which is at least anything the spouses acquired together during the marriage. However, in some cases, divorce can affect a person's inheritance from a family member or colleague. Inheritances are...
