For most people going through a divorce, their interests in real estate are often the primary assets that need to be divided. Whether it is the marital home, a vacation property, or commercial real estate, most litigants question how they are addressed in a divorce. Like all other assets acquired…
Articles Posted in Equitable Distribution
We Just Made the Law regarding Mid-Marriage Agreements
Consistent with our firm’s position of being a leader in the field of Family Law, we have just received a decision on one of our appeals, meaning it is now law that will be binding for trial courts. The case is, Steele V Steele, and it was approved for publication…
MODIFYING SUPPORT: FIRST A PRIMA FACIE CASE
In many divorce cases, obligations for the payment of alimony and/or child support are established. Whether the result of an agreement between the parties or an order of the Court, such support obligations are generally determined based upon the relative financial circumstances of the parties at the time the agreement…
It’s How You Play The Game
Pretty much everyone has watched at least a portion of the Super Bowl and it is likely that more people know Tom Brady than the Chairperson of the Fed. The Super Bowl was lackluster this year a fitting companion to 2020-2021, which has for most of us been a dud.…
Fair not Equal
One of the most common questions I get asked by both friends and clients who are considering filing for divorce or who have already started the process is, “What is this going to cost me?” It makes sense of course. People want to know what they are going to get…
Mid-Marriage Agreements Examined by Appellant Court
I recently argued a case via Zoom in the appellate division that could have far-reaching implications in this new pandemic world. The issue dealt with an agreement that resolved marital rights in divorce entered into while the parties were happily married. We know that prior to getting married, engaged couples…
A HOUSE DIVIDED
We all know about the political civil war which has been taking place in Washington D.C. However, that is a mere skirmish when considering the thermonuclear battle which is about to engulf the Earth – the impending divorce between Kanye West and Kim Kardashian! There is nothing better than a…
The Haunting Trinity of Vexing Valuation issues in High Asset Matrimonial Litigation
ABOUT THE PROGRAM “High asset matrimonial litigation is complex involving a myriad of financial issues. Non is more vexing than asset valuation. Our informative webinar, featuring some of the state’s leading matrimonial lawyers, judges and matrimonial professionals will review the asset valuation questions that can arise in an high income…
Active versus Passive: How you answer the question matters.
When does it make sense to hire your own expert and when does it make sense to use a joint expert with your spouse? Using a joint expert saves money, obviously, but is the saving worth the lack of control and flexibility? It depends. The more sophisticated the issue related…
Biden’s Tax Changes will Affect Divorce Planning
President-Elect Biden has stated that he would undo President Trump’s tax reforms if he is elected. From an individual’s viewpoint, those reforms included placing limits on mortgage deductions as well as state and local taxes such as real estate taxes. The 2017 tax cuts nearly double the standard deduction and…