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 MoreCongratulations — you’re engaged, or about to be. This is a time to celebrate, call friends and family and, if you are a business owner, check in with your lawyer. When you own a business it can be like coming to a marriage with another family. Your employees and business partners are all affected by Read More
Read MoreMost couples work to maintain and plan for a solid financial future, retirement, and support for their children. If those couples reach the end of their marriage, I work to help them keep plans intact even as their marriage dissolves. Preservation of wealth is an important feature of any divorce—for those with modest means or Read More
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