By Randy S. Margulis | Published September 15, 2022 | Posted in Divorce | Tagged Tags: high net worth divorce, property division, tax implications | Comments Off on Critical Factors in a High Net Worth Divorce
A New York divorce is considered “high net worth” if the couple has $1 million or more in net liquid assets that are subject to equitable distribution. Often, these couples also have ownership interests in other assets that are difficult to value and split. That alone can make a divorce more complicated, but because the Read More
Read MoreWhen parents going through divorce cannot agree on child custody, the decision will be made by a judge based on what is deemed to be in the best interest of the children. In New York, many factors go into that determination, including — in some cases — the preferences of the children themselves. Young children Read More
Read MoreA postnuptial agreement is similar to a prenup, a popular way to decide money and property issues at the start of a marriage rather than leave them for resolution during a divorce. Postnups — created after the parties are married — work much the same as prenups, but they are subjected to a higher level Read More
Read MoreSometimes after a divorce, circumstances change, and you might find yourself thinking about moving — perhaps a considerable distance away. Perhaps the relocation is to further a career opportunity, to be closer to family or simply to change your lifestyle. However, if you have custody of a minor child, the logistics of relocating are more Read More
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