Upended by the pandemic, many business owners are grappling with what bills to pay and in which order. The strain of New York’s “pause” put a tourniquet on cash flow for many. But what about personal obligations such as child support and spousal maintenance? Business...
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Year: 2020
For Better or For Worse: The Impact of New York’s Stay-At-Home Order on Divorce
Today’s uncertain times, New York’s stay-at-home policy, business closures, unemployment and health concerns are all having major impacts on a variety of divorce and family law issues. We’ve witnessed how the stay-at-home mandates issued by the Governor to flatten the...
How are complex assets divided in a New York divorce?
The division of marital property is part of the divorce process. And for those who own a business, have retirement savings or have other investments like stocks and real estate, property division can be a complicated and potentially contentious issue. Here are some...
Identifying hidden assets in a New York divorce
Marital property in a divorce proceeding in New York is subject to equitable distribution between spouses. "Equitable" does not always mean "equal." For the distribution of assets to be equitable, careful consideration must be given to the numerous statutory factors...
For some, COVID-19 restrictions raise risk of domestic violence
Beyond the stress of trying to stay healthy in the midst of the COVID-19 crisis, many couples in New York are struggling with the reality of having to spend extended periods of time together. The risk of domestic violence has been shown to be higher during quarantine,...