Although the legal system does not change the divorce process for couples with a high net worth (usually in excess of $1 million in liquid assets), there are unique, moderating circumstances that arise in these divorces that, by their nature…

Because New York’s equitable distribution policy, the division of assets such as ownership of a business, an inheritance, an investment portfolio or other assets may not be divided exactly equal. The policy is in place to ensure fairness in the…

The division of property is one of the more intense stages of the divorce process, and this holds especially true in a high net worth marriage, as the properties themselves tend to be of high value. Disputes over ownership with…

If there is no life insurance policy during the divorce, the typical plan is for the parent, or parents, to buy a 20-year plan if there are young children involved, and a 10-year plan if they are a bit older…

It many scenarios, a couple that is separated and the spouses are no longer living together cut all communication, and may not even know where the other resides. This can make it extremely difficult to serve divorce papers, and subsequently…

In a high net worth divorce, there are typically more assets involved, and nearly all financial related issues inflate due to the monetary circumstances of each spouse. Alimony awards are often much greater in high net worth divorces than the…

The term ‘High Net Worth Divorce’ is thrown around a lot, especially in the news, as we see NYC’s elite finding themselves in the midst of messy divorces. But a high net worth divorce doesn’t only correlate to the “1%”….

A startling statistic reveals that couples that hold a high net worth, either combined or through one of the spouses, are much more likely to see a divorce than their less (financially) fortunate counter-couples. Furthermore, there has been a staggering…

Since New York is not a “Community Property” state, most of a couple’s assets are considered to be marital property. Although they are divisible, there is hardly ever an even distribution of the assets in divorce cases. A judge will…

The term “unfit parent” is thrown around a lot, and is interpreted to mean different things depending on the context of its use, and the arena in which it is said. In the realm of family court, many misunderstand this…