Serving Rome, New York residents with legal issues
You might think that the biggest fights a divorcing couple would have, aside from custody battles, would be over houses or money or even cars. Surprisingly, that is not usually the case. Divorcing couples, especially those of high net worth, tend to have the biggest...
It is said that childless couples traditionally fight over three topics: sex, money and work. Couples with children traditionally fight over four topics: sex, money, work and the kids. When divorce strikes, those fights tend to boil down to two topics: money (property...
Last time, we looked briefly at a dispute between hedge fund manager Jacob Gottlieb and his wife concerning the validity of the couple’s 2007 prenuptial agreement. As we noted, Gottlieb’s wife lost her bid to have the agreement struck down on terms of...
Jacob Gottlieb, the 44-year-old New York hedge fund manager and founder of Visium Asset Management, recently won a court battle with his 37-year-old wife Alexandra Lumiere concerning alimony and who will take ownership of the family home after their divorce. The...
Last time, we raised the question of whether fault can be a factor in property division decisions here in New York, and if so, then how? As we noted, fault is generally not a factor for judges when making property division decisions. It may become a factor, though, in...
Division of marital property is an important issue in divorce, and not only because of the inherent value of the property involved, but also because of matters of justice and equity. As readers may be aware, the state of New York utilizes an approach to property...
In our last post, we began looking at the issue of dividing the family home in divorce. As we noted last time, one of the important issues parties need to sort out when dealing with the family home is who wants to take the property, and whether the party or parties...
In our last post we began speaking about the issue of property division in the absence of a prenuptial agreement. The fact is, property division will happen no matter whether a couple has an agreement or not, but division will not occur on the couple’s terms if...
Property division is an important aspect of divorce, and an issue that can be the source of much controversy in the dissolution process. Because of the potential financial loss married people can face in divorce, more people are turning to marital agreements to...