Blog

Unique Challenges with a High-Asset Divorce

For most married couples, the division of assets in a divorce is a relatively simple process – automobiles, house, furniture, retirement accounts, and cash in bank accounts. But for high-net-worth individuals, the division of marital assets is almost always far more complex than that. On the surface, it may look like all a wealthy couple needs to do is sell the homes and automobiles, split the ...

Common Mistakes in a High-Asset Divorce

Some people may look at wealthy couples and think, “They must be happy because they have so much money. They can buy anything they want.” In reality, money can only buy so much happiness. If money alone led to happiness, then high-net worth couples would stay married and they wouldn’t divorce . But they do divorce and history has proven that being a millionaire or a billionaire does not guarantee ...

What is the Age of Consent in New York?

For centuries it was common practice for men in particular to marry a much younger woman. After all, we’ve all heard about love stories where two people met, sometimes 5, 10, or even 20 years apart, fell in love, and lived happily ever after. In the 21st Century, if the younger person is 18 or older, it’s not illegal in any of the states, but when the younger person is under 18, the older partner ...

Divorce When Wives Are the Breadwinners

In the last two decades, income equality has been all over the news and the internet, and how it causes economic and social problems for women and their families. In the 1950s, single women sought breadwinners and single men sought homemakers, but now that it’s the 21st Century, we’ve seen a societal shift. While it’s still most common for men to earn more than women across most industries, we ...