Compensation packages for executives and others in high-impact professions often include a variety of different types of pay. Deferred compensation has become a common way to incentivize both loyalty to an organization and a drive to meet specific performance...
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High-Net-Worth Divorce
How do royalties and residuals affect your high-asset divorce?
Divorces involving significant assets can be complex. If you are a creative professional or entrepreneur with intellectual properties, patents or royalties, you know how complicated things can get. What are royalties and residuals? Royalties and residuals are ongoing...
3 Details To Think About When Dividing Vacation Property
One of the most difficult aspects of a New York divorce is dividing up the marital property – particularly when there are complicated real estate holdings. If you and your spouse have a vacation home, there are a few things you need to understand as you approach the...
What Is A Statement Of Net Worth And Why Is It Important In A Divorce?
It’s been said that marriage is all about feelings, but divorce is all about practical and financial considerations – and that’s largely true. Whatever the emotions that are going on behind the scenes, the focus of the divorce process is largely on ensuring a fair and...
Tips for dealing with cryptocurrency in your NY divorce
Cryptocurrencies are increasingly popular in New York, and if you are going through a divorce, it is critical to approach the division of these digital assets with care and precision. If either you or your spouse holds cryptocurrency, it's essential to understand how...
Will I Lose My Business In A Divorce?
Are you considering divorce and wondering whether you’re going to lose your business in the process? While a business may be subject to property division under New York family law, it's important to understand that this doesn't necessarily mean you will lose it. New...
How Are Restricted Stock Units Divided In A Divorce?
If you or your spouse benefit from restricted stock units (RSUs), you may be wondering how they may be handled by the courts in the event of a litigated divorce. Like every other asset, the courts will first seek to determine whether the RSUs are separate assets or...
4 reasons why some victims stay in violent marriages
Marriage is not a bed of roses. It is ultimately possible that the person you married may cease to be the loving and supportive partner you once knew. Violence in marriage is rampant, and victims may find themselves trapped in such situations for various reasons....
What Jada Pinkett Smith and Meryl Streep can tell us about love, separation and divorce
Jada Pinkett Smith recently shocked people when she revealed that she and her husband, Will Smith, have been quietly separated for the last seven years. Shortly after, Hollywood icon Meryl Streep revealed that she and her husband separated six years ago. What’s going...
3 options when business owners get divorced
Business owners sometimes get divorced, which can be complicated with a family business. Two spouses may be equal owners. Their marriage is ending, but what does that ultimately mean for their business? It's not easy to figure out. The truth is that there are a number...