May 2013 Archives

Copper weather vane disputed in Manhattan divorce settlement

Everyone knows how nasty divorces can be, especially when significant assets are at stake. The goal in these cases is limit the high drama and keep difficult emotions in their appropriate corners. That isn't always possible, though, and sometimes divorcing spouses go to flamboyant lengths in an effort to negotiate what they believe is their rightful property.

Are you happy with your prenuptial agreement?

Maybe you have a nagging feeling, a quiet, intuitive, little "no" arising every time you look at your unsigned prenuptial agreement. Too many people in New York enter into these agreements without the proper legal support and guidance, and sometimes a whole bowlful of emotional and financial pain comes when the marriage dissolves, even though a cupful should have been sufficient.

New York lawmakers consider changing alimony laws

A long-awaited review of some controversial New York divorce laws has finally been made available to state lawmakers. The Law Revision Commission took a close look at the state's formula for determining alimony, as well as the legal precedent that categorizes professional licenses and degrees as marital property.

No prenuptial agreement in New York billionaire's divorce

While it may be true that many people with high assets will never need to count on a prenuptial agreement to protect their property, that certainly isn't true for everyone. People who never could have imagined getting divorced end up dividing their property in a divorce settlement. Prenups can certainly help couples realize their financial goals, but a prenup can also keep assets and debts in the right camps if the marriage should become irretrievable.

Frankel-Hoppy divorce rockier than expected

Despite what may seem to be the case from the outset, it's best not to assume that your divorce will be completely amicable, especially when high assets and child custody issues are involved. For example, consider the New York divorce of Bethenny Frankel, the Skinnygirl founder whose high-profile marital split has been hard to miss in national headlines.

NASCAR CEO's divorce documents unsealed

Usually, after a married couple goes through a divorce, the initial reasons for the divorce, combined with the often stressful details of the process, effectively preclude the possibility of the parties getting back together. But sometimes former spouses do try to rekindle their relationship and even remarry each other. In New York, as you can imagine, remarrying your former spouse (or anyone else, for that matter) requires taking careful legal steps with regard to the initial divorce agreement.

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