Why a Prenuptual Agreement is a Key Business Protection Tool

Under New York Law by default, all property is considered marital property. It is the burden of proof of the party claiming that the property is separate property, to prove that it is separate property. Even if the property is clearly separately owned by the titled spouse, the court will order an expert to beContinue reading “Why a Prenuptual Agreement is a Key Business Protection Tool”

Why a Billionaire Does Not Pay Child Support Based on His Entire Income

In New York, child support for one child is generally 17% of the combined income of the parents combined income. However that does not mean that the child support seeker can get 17% of a billionaire’s income. Courts may apply the 17% to the total combined income but they are not required. The court willContinue reading “Why a Billionaire Does Not Pay Child Support Based on His Entire Income”

Family Court vs Supreme Court – The Cost Benefit for Custody Proceedings

Even Miranda Priestly had to go to think about the best option to get custody of her twins so why wouldn’t you?  Different costs and benefits exist in a decision to start the dissolution of your family unit in family court versus supreme in a New York Custody battle.  As I mentioned in a priorContinue reading “Family Court vs Supreme Court – The Cost Benefit for Custody Proceedings”