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Matrimonial and Family Law Blog

Tuesday, January 23, 2018

How Do I Value My Business During a Divorce?


How Do I Value My Business During a Divorce?

Business valuations are usually contentious during a divorce. The person who wants to keep the company puts a low value on it to minimize the cost to buy out the other spouse’s interest. The person who is not keeping the business wants a high value to maximize the amount of buyout received. Spouses rarely agree on the value of a business at the outset when going through a divorce. If you are in this situation, you’ll likely benefit from the assistance of a Read more . . .


Tuesday, December 19, 2017

Avoid Co-Parenting Issues with a Co-Parenting Plan


It can be hard for two people who no longer want to be married to each other to work together to raise the children after divorce. Emotions can run high and the children can get caught in the middle. If the parents already have poor communication or conflict-resolution skills, particularly when interacting with each other, disagreements about the children can quickly become a powder keg. In these situations, a New York child custody lawyer can assist you in planning and preparation to prevent problems. Here is how to avoid co-parenting issues with a co-parenting plan.
Read more . . .


Friday, December 8, 2017

What is Considered Marital Property in New York?


If you are in the midst of or considering a divorce in New York, you are probably wondering how the court will split up the property between you and your spouse. Divorce courts look at everything the parties own and label each item as either marital property or separate property.  Determining what is or is not marital property can be complicated, so it makes sense to have an Read more . . .


Wednesday, November 15, 2017

I Think My Spouse is Selling My Things - What Can I Do to Stop It?


You notice one day that some of your jewelry is missing. A few days later, your coin collection is noticeably smaller. Thanks to the security cameras, you are confident that only you and your spouse have been inside your home. The two of you have been going through some difficult times lately, and now you find yourself wondering if you should contact a Read more . . .


Sunday, November 12, 2017

Avoid Common Divorce Mistakes with A Simple Divorce Checklist


Divorce is a complex process that takes time, energy and organization. Working with an experienced family law lawyer can help you get through the most difficult parts, but getting yourself organized can help things go more smoothly and may even help you save some money while you’re at it.
Read more . . .


Monday, October 9, 2017

Am I Liable for Debts That My Ex Incurs After We Separate?


When going through a divorce in New York, you need to be able to anticipate your financial future. While many people focus on the assets they will retain or acquire in the process, it is equally important to evaluate the debt distribution. If you are considering divorce, you may be concerned about the debt that your ex is incurring. Seeking the advice of an experienced Read more . . .


Sunday, October 1, 2017

Can I Appeal My Divorce Outcome?


Let’s face it, divorce is a stressful time for all involved. You and you ex-spouse are likely fighting over the same things. As a result, you might not be able to compromise and settle issues outside of court. You might need a judge to intervene.

Judges make decisions as best they can, based on the circumstances of your case.
Read more . . .


Friday, September 15, 2017

How Do I Value My Business for Distribution Purposes During a Divorce?


When going through a divorce in New York, you will have to place a value on all your property. Since the value of assets often changes over time, the court will decide the valuation date for your assets. For example, the court may say that you must determine the value of your assets as of the date you or your spouse filed the divorce.

You and your spouse may agree on the value of some of the assets, but the value of a business is often in dispute. The spouse who wants to keep a business may want to fix a low value on it, to minimize the amount she has to pay to “buy out” her spouse’s marital interest in the asset.


Read more . . .


Monday, September 11, 2017

My Spouse and I Have Joint Custody of Our Children - Who Should Be Claiming Them for Tax Purposes?


Tax laws are complicated at best, and when you add to the mix divorce laws, it is easy to understand why people have questions about the tax consequences of divorce. When one parent has custody of a child in New York, that parent has the right to claim the dependency exemption for the child, unless the parent gives up the right. It gets tricky when parents have joint custody of the child. The IRS does not allow parents to split the exemption. Only one parent may claim the exemption in any given year.


Read more . . .


Monday, August 21, 2017

My Spouse Wants Me To Sign a Separation Agreement - I’m Not Even Sure What That Is


Things have been rocky in your relationship with your spouse. Although there were good times in the past, now there are arguments and unhappiness. One day, your spouse hands you a bunch of papers with the words “Separation Agreement” at the top of the first page. You find yourself thinking: “My spouse wants me to sign a separation agreement - I’m not even sure what that is.”

Quick answer: A separation agreement is a document that contains the terms two people have agreed to when they are amicably getting a divorce or legal separation.


Read more . . .


Friday, July 28, 2017

My Spouse is Not Complying With the Child Custody Agreement - What Can I Do?


If you’re involved in a child custody dispute, you might feel like the courts and family law lawyers don’t understand how urgent the problem is.  After all, there are important things on the line that you can’t get back, and can’t do over: first steps, birthdays, graduations, vacations, and family reunions.


Read more . . .


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