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Brooklyn Family Law Blog

Collaborative divorce may offer benefits in New York

For New York residents looking to end their marriages, some may hope that they are able to move through the proceedings without the need for constant conflict. If both parties involved hold this hope, they may be candidates for approaching divorce in an amicable manner. Collaborative law could allow interested parties to move forward and have more control over their process. 

Collaborative divorce continues to be a relatively under-used process. This issue may be because many parties do not know much about the option. With this method, both individuals work with their attorneys and each other in order to come to agreeable divorce settlement terms. This process does not use litigation but rather out-of-court meetings attended by all necessary parties. The emphasis is on working together to achieve a mutually satisfactory result.

Cake and divorce may become new pairing in New York

For some individuals, ending a marriage does not necessarily have to be a bad life event. Some New York residents may see the divorce as a chance to start fresh and reconsider how they would like to live their lives as a single person or with a new love. Indeed, many parties are beginning to treat this milestone as a celebration, with cake included.

It was recently reported that divorce cakes are becoming a growing trend around the world. Though this type of creation may seem like a novelty item found at only smaller niche bakeries, even larger companies have been willing to work with customers looking to celebrate the ending of their marriages with this confection. The outcomes can range from simple icing messages like "Just Divorced" or more elaborate decorations poking fun at traditional wedding cakes. 

It's never too late for a post-nuptial agreement

In the last few decades, it has become increasingly common for marrying couples to execute a prenuptial agreement. This agreement typically outlines asset division in the case of a divorce. There may be special clauses regarding marital children, as well as special considerations in case of infidelity or even infertility.

These documents help protect both spouses in case of a divorce and are more common in couples with higher assets. If you didn't execute a prenuptial agreement but have concerns about asset division, you may want to speak with an attorney about creating a post-nuptial agreement.

New York residents may face complex second divorce cases

Many New York residents who have gone through the process of dissolving their marriages were likely glad to see the proceedings end. They may have moved on with their lives and found love again only to end up in another situation where the marriage is coming to an end. Going through a second divorce can have certain complexities not faced the first time around.

For instance, if individuals had children from their first marriage, they undoubtedly created a custody agreement during the divorce. If a person married again and had more children, a new custody arrangement would come into play. However, the first custody agreement would undoubtedly need to be considered when working on terms for the second agreement. As a result, individuals may face additional complications.

Mark and Alison Pincus facing divorce, prenup issues

The complications that may arise when a couple decides to end their marriage depends on their specific factors. When the situation is a high-asset divorce, individuals could face issues regarding property division, prenuptial agreements or a variety of other aspects. New York residents may be interested in one complex case currently taking place in another state.

Reports stated that Mark Pincus and his wife Alison Gelb Pincus have substantial assets and personal aspects to handle in the course of their divorce. The successful business people have billions between the two of them, as Mark is the founder of Zynga and Alison co-founded a company that sold for millions. Additionally, the couple have three children and are apparently looking to obtain joint custody. 

New York residents' homes may be important part of asset division

A person's home typically acts as a place of security and comfort. Because many memories are often made in the family house, a strong attachment can commonly form to this piece of property. However, when a couple decides to divorce, the home could become a point of contention when it comes to asset division. 

Typically, either of two options works best depending on the specific circumstances for New York residents. When dividing property, some individuals may choose to simply sell the home and deal with the resulting proceeds or losses. Proceeds could come with certain tax implications; therefore, individuals may wish to consider how taxes could affect them financially and with other aspects of their property division. If the selling of the home resulted in losses and remaining mortgage balances, individuals would also need to determine their best options for handling the remaining payments. 

Formal custody arrangement may help New York parents avoid scares

Children are often the most important people in their parents' lives. However, if those parents are not married, custody issues could put a strain on everyone involved. If the parents do not have a formal custody agreement, the likelihood of complications may be high, and in some instances, the situations could escalate to a point where the authorities become involved.

New York residents may be interested in such a case that recently took place in another state. Reports indicated that a 17-month-old boy was kidnapped by his uncle during a custody dispute between the boy's parents. The parents do not live together and apparently do not have a legal custody arrangement in place. It was unclear what exactly motivated the uncle to take such action.

Complex divorce in the city? It doesn't have to be disastrous

Divorce is rarely simple, and for couples with significant assets who live in a world-class city like New York, the process can seem like a disaster waiting to happen. This does not have to be the case, but without proper guidance, it very well could be.

Living in a large city is innately more expensive and complicated, making it more difficult to determine how to fairly divide your marital assets and where each of you will land after finalizing the divorce.

Gaining advocates during divorce may help New York residents

Many New York residents likely do not want to think about their finances in a stressful capacity. However, going through divorce takes a considerable toll on a person's financial affairs, and therefore, close examination of those affairs often proves necessary. Not only will individuals likely want to protect their assets as much as possible, but attempting to determine how certain decisions will impact their futures is a prudent step.

When it comes to asset protection, there are various courses of action individuals could utilize. First, because many personal accounts provide for online access, changing passwords may be wise. This action could help keep any potential malicious tactics at bay should a soon-to-be ex attempt to sabotage personal accounts or hide assets.

Divorce: Prenups may be in New York residents' best interests

The idea of getting a prenuptial agreement may cross the minds of many New York residents who are considering marriage. However, numerous people forgo creating such an agreement due to fear that their soon-to-be spouse may be offended by the idea. Though it may be a sensitive topic to approach, individuals may wish to seriously consider such an agreement in order to prepare for the possibility of divorce.

When it comes to creating a prenuptial agreement, many areas of life could be covered. Most often, individuals want to come to terms regarding how property will be divided should they decide to end their marriage. Premarital property, gifts and other assets could be addressed, and individuals could determine which party may maintain ownership of what property.

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