Are You a Puppet in Your Own Prenup?

In sync with the current day, age, and New York City demographic, I have been doing a substantial amount of prenuptial agreements. The underlying dynamics and personalities are critical defining variables. One such dynamic that has recently been popping up in a nearly extreme and cartoonish manner is the “Puppet In Their Own Prenup!” or “Where’s Waldo?!” scenarios. This is where one of the parties is AWOL from the entire negotiation and preparation process and the whole agreement is orchestrated on their (more...)

November 5th, 2018|Collaborative Divorce|

Are You an Innocent Spouse?

One of the benefits of marriage is being able to file joint tax returns with a spouse. However, marriage brings a double-edged sword. On the one hand, spouses reap the benefit of being able to collectively have more money to live on if they're drawing from the same pool during their marriage and maximizing their tax benefits. The downside, though, is when the spouse with no knowledge of marital finances signs off on tax returns and it later comes to bite them. (more...)

September 26th, 2018|Divorce and Children, Divorce Finances, Separation Agreements|

Divorcing High Net Worth Couples

How apropos is the expression, “Increased possessions, increased worries” or the lyrics to the song, “Mo’ Money Mo’ Problems” to high net worth divorces? In short, these are first world problems, but problems, nonetheless. The bigger and more intricate or complex the pie, the more moving parts there are to account for. The asset portfolio and sources of income streams and investments are multilayered and the “mandatory” “nondiscretionary” expenses and the definition of necessities have a significantly broader scope. The difference between (more...)

July 16th, 2018|Divorce Finances, Divorce Mediation Process|

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