Practical guidance on divorce, child custody, support, and New York family law — written by the attorneys at Aiello & DiFalco LLP.
Private equity interests are among the most complex assets in a high-asset New York divorce. Learn how equitable distribution applies to PE fund stakes, carried interest, and illiquid holdings.
Read ArticleThe tension of a divorce can sometimes lead people to make impulsive decisions. In an effort to gather evidence or keep tabs on a partner, one spouse might consider using technology to track the other’s location. However, in Garden City and throughout New York, digital surveillan…
Read ArticleEntering a second marriage is an exciting new chapter, but for many couples in Garden City, it comes with a more complex financial history than their first. You may have children from a previous relationship, a home you’ve owned for years, or retirement accounts you’ve worked har…
Read ArticleWhen a marriage ends in Garden City, or anywhere across New York, the process of dividing assets is rarely straightforward. However, for high-net-worth individuals, the financial stakes are significantly higher. In these cases, a standard review of bank statements is often insuff…
Read ArticleMany professionals in Garden City rely on compensation packages that go far beyond salary. Stock bonuses, restricted stock units (RSUs), stock options, and deferred compensation are now common in finance, tech, healthcare, and executive roles. These benefits become a significant …
Read ArticleCo-parenting always requires communication and planning. As many divorced partners in Garden City know, however, things become more complicated when one or both parents have jobs that involve frequent or unpredictable travel. For many parents in Garden City, work-related travel i…
Read ArticleDivorce brings financial questions for every family, but the process can be uniquely complex when one or both spouses work in finance. Compensation structures in banking, investment firms, hedge funds, fintech, trading, and private equity often involve bonuses, deferred compensat…
Read ArticleChild custody orders are meant to provide stability, but life rarely stays the same. Parents in Garden City often experience changes in work schedules, school needs, health concerns, or communication patterns that make their original parenting plan unworkable. When this happens, …
Read ArticleEach year, New York updates certain financial thresholds that affect the calculation of child support. These figures help courts strike a balance between fairness, ensuring that children receive the support they need, while recognizing each parent’s financial situation. In 2025,…
Read ArticleA prenuptial agreement, or “prenup,” is one of the most practical steps a couple can take before marriage, but many people hesitate because they’re unsure what it costs. In New York, the price of a prenuptial agreement (prenup) varies widely based on its complexity, the assets in…
Read ArticleWhen a parent falls behind on child support, the effects can be immediate and stressful. Missed payments can disrupt a child’s stability and place an unfair financial burden on the custodial parent. Parents in Garden City often ask what steps they can take when the other parent d…
Read ArticleModern fertility treatments have helped many couples in Garden City and across New York build families through in vitro fertilization (IVF). But when a marriage ends, one deeply personal and legally complex question can arise: what happens to frozen embryos created during the rel…
Read ArticlePrenuptial agreements are often thought of as tools for celebrities or wealthy families, but in truth, they can benefit couples across the financial spectrum. For many in Garden City and throughout Long Island, a prenuptial agreement (prenup) offers clarity and peace of mind. The…
Read ArticleNot every child support matter requires a lawyer — but many do. Learn the situations where professional legal representation makes a real difference in the outcome for you and your children.
Read ArticleChild support is one of the most critical issues in family law, touching directly on both a child’s well-being and each parent’s financial security. In New York, the law sets clear guidelines, but every family’s situation is different. Parents in Garden City often ask, “When shou…
Read ArticleDivorce is never a one-size-fits-all process. Every couple’s circumstances are different, and New York law recognizes that by offering several ways to end a marriage. Whether you live in Garden City or elsewhere on Long Island, it is helpful to understand the most common types of…
Read ArticleWhen people think about divorce, the first questions usually involve property division, spousal support, or custody. But debts are just as much a part of the process as assets. From credit cards to mortgages, couples in Garden City often want to know how financial obligations wil…
Read ArticleMost people consider a divorce final once the judgment is signed. In many cases, it is. But under certain circumstances, a divorce case can be reopened—even in New York, where courts tend to favor finality. If you live in Garden City and believe your original divorce outcome was …
Read ArticleDivorce is never just an emotional decision—it’s also a financial one. Between filing fees, attorney rates, and potential disputes over property or custody, the costs can quickly add up. For couples in Garden City and across Nassau County, understanding the cost of divorce in New…
Read ArticleRunning a business is hard enough—add a divorce into the mix, and the pressure can feel overwhelming. For small business owners in Garden City and surrounding areas, a divorce isn’t just a personal matter—it can also threaten the company you’ve worked hard to build. From ownersh…
Read ArticleChild custody agreements are designed to provide stability, but life doesn’t always go according to plan. When your family circumstances change, your custody arrangement may also need to change. Fortunately, New York law permits custody modifications under certain conditions. If …
Read ArticleThe explosive growth of cryptocurrency has added a layer of complexity to marriage and divorce in New York. What was once limited to real estate, retirement accounts, and personal property has expanded to include digital wallets, NFTs, and volatile cryptocurrency portfolios. As c…
Read ArticleBlending families through marriage is exciting, but it also comes with added responsibility. If you or your partner has children from a prior relationship, planning can help avoid confusion and protect everyone involved. A prenuptial agreement can serve as a valuable tool to clar…
Read ArticleWhen couples create a prenuptial agreement, they often want flexibility. One way to build that in is through a sunset clause, a provision that causes the contract (or parts of it) to expire after a certain period of time. But what actually happens when that day comes? If you’re w…
Read ArticleWhen people think about prenuptial agreements, they often picture luxury assets, family businesses, or large inheritances. However, one of the most valuable assets many people bring into a marriage, especially later in life, is their retirement savings. Whether you’re decades int…
Read ArticlePrenuptial agreements are designed to provide clarity, prevent conflict, and protect both parties in the event of divorce. But sometimes, despite best efforts, a prenup is contested in court. When that happens, enforcement isn’t automatic, and not all agreements hold up. This blo…
Read ArticleA prenuptial agreement, or prenup, is more than a formality—it’s a legal contract that can shape your financial future. Whether you’re protecting family assets, planning for a second marriage, or simply creating clarity, it’s important to make sure your prenup holds up under New …
Read ArticleWhen you’re getting married, it’s natural to focus on the present—your relationship, your wedding, and your shared future. But for many professionals, entrepreneurs, and high-income earners, the future holds significant financial growth. Whether you’re on track to make partner, …
Read ArticleWhen most people think about prenuptial agreements, they picture discussions about who owns what, how property will be divided, or what happens to a business if the marriage ends. But there’s another side of the financial conversation that often matters just as much—debt. If you …
Read ArticleWhen a celebrity’s divorce makes the news, it’s easy to focus on the drama. But behind the headlines are real legal issues that can apply to any couple, especially when it comes to prenuptial agreements. Sometimes, the best lessons come from those with the most at stake. Here ar…
Read ArticleYou and your partner agreed to a prenup before the wedding. Now you’re wondering—will it actually hold up if it’s ever challenged in court? It’s a fair question and one we hear often at Aiello & DiFalco. The answer depends on how the agreement was made and whether a judge finds i…
Read ArticleWhen you’re planning a wedding, there’s a lot to be excited about—celebrations, travel plans, family gatherings. But amid the fun, it’s also wise to have clear conversations about your future. For many couples in New York, that means sitting down to create a prenuptial agreement.…
Read ArticleIt wasn’t long ago that prenuptial agreements were considered taboo—something only the wealthy or distrustful pursued. But times have changed. Today, more engaged couples are approaching marriage with open conversations about money, independence, and what it means to plan. Many o…
Read ArticleDivorce is often an intensely personal experience, yet in many cases, financial and personal details become part of public court records. This can be concerning, particularly for individuals with significant assets, business interests, or a public reputation. In New York, Non-Dis…
Read ArticleMany couples sign prenuptial agreements before marriage to clarify financial rights and obligations. However, life circumstances change, and you may wonder if your prenuptial agreement can be updated after marriage. In New York, prenuptial agreements can be modified after marria…
Read ArticleIn divorce cases, courts strive to ensure that marital agreements and settlements are fair and reasonable. However, when one party claims that an agreement is unconscionable, the court may intervene to determine if the terms are unjust. Unconscionability refers to a situation whe…
Read ArticleA prenuptial agreement allows couples to set financial terms for their marriage and potential divorce. Many people wonder, however, whether a prenup overrides state marital property laws. The answer depends on the agreement’s terms, enforceability, and state-specific legal requir…
Read ArticleImagine you’re happily engaged and planning a future together when the thought of a prenuptial agreement pops up. How do you bring up that conversation with your partner without awkwardness or hurt feelings? Many couples fear that even mentioning a prenup could spoil the romance…
Read ArticleDivorce doesn’t have to be a battle. Many couples prefer a respectful, cooperative approach rather than a drawn-out courtroom fight. In New York, an amicable and collaborative divorce can save time, reduce stress, and help both spouses move forward with dignity. If you and your s…
Read ArticleRaising a child with developmental disabilities presents unique challenges, which often do not conclude when they turn 18. In cases where divorce is involved, many parents question whether child support can continue for a developmentally disabled adult. If you are facing child su…
Read ArticleDividing property during a divorce is one of the most important financial aspects of the process. In New York, marital property is divided according to the rules of equitable distribution. Unlike in community property states, where assets are split 50/50, New York’s approach aims…
Read ArticleWhen couples divorce, dividing marital assets is one of the most challenging parts of the process. Who gets the house? What happens to a retirement account? Does an inheritance need to be shared? In New York, the law classifies assets as marital or separate property, and that dis…
Read ArticleDivorce affects many aspects of your financial life, including your life insurance policy. Whether you purchased coverage to protect your children, provide for your spouse, or secure outstanding debts, you likely have questions about what happens to your policy when your marriage…
Read ArticleDivorce brings changes for everyone involved, including children, as the parties transition from living under one roof to sharing custody in two separate households. Suddenly, parenting plans start to revolve around a fixed schedule and detailed rules that were not necessarily in…
Read ArticlePregnancy adds complexity to an already difficult process. Understand how New York courts handle divorce when one spouse is expecting, including paternity, custody, and support implications.
Read ArticleIn New York, you can file for divorce based on several grounds. The most common is “irretrievable breakdown,” where the marriage has failed for at least six months. Other grounds include cruelty, abandonment, imprisonment, and adultery. New York requires at least one spouse to ha…
Read ArticleDivorce introduces a world of complicated emotions and challenges into the lives of spouses. Even a relatively amicable end of a marriage is fraught with difficult feelings, marking a significant life change for everyone involved. For many divorcing couples, the divorce only gets…
Read ArticleFamily law judges expect that the parties will follow their orders. The reality, of course, is that many individuals often fail to do so. If this happens, the party who is in violation could be facing contempt of court charges. Whether it’s for civil or criminal contempt, the pot…
Read ArticleDivorce is a process that takes time and careful planning. A necessary step, and one that will continue throughout your divorce, is to organize a number of important documents. These records will help protect your rights and interests while keeping you prepared for the various st…
Read ArticleNegotiating a child custody agreement is often the most difficult and important decision you will make while getting divorced. It’s not something you want to let the judge decide. And we doubt you want to try flipping a coin, asking a magic 8 ball, or doing eeny, meeny, miny, mo…
Read ArticleWhen a couple gets divorced, they may have to divide the value of various assets they own as marital property. This process cannot be completed without an accurate assessment of the value of assets such as real estate, business ownership interests, and valuables like jewelry, art…
Read ArticleUntil you are a parent yourself, you don’t really understand the immense responsibility of parenthood. The tiny human in your care needs food, diapers, a safe place to sleep, and a million other things to ensure their physical comfort. But they also require all the love and suppo…
Read ArticleIf you’ve received gifts of cash, property, or heirlooms from family members or friends during your marriage, you may be worried about what could happen to those gifts if you decide to divorce. How do you protect your gifts from property division during a divorce? Understanding S…
Read ArticleIn New York, state law divides property into two categories during a divorce: marital and separate property. Marital property includes all assets and debts that either spouse acquires during the marriage. Both spouses own this property jointly, and it must be divided equitably in…
Read ArticleDivorces in New York involve many complicated steps, and the discovery process is one of the most important. Discovery is the process during which both sides exchange evidence, clarify key facts, and sometimes have one or more parties submit to questioning under oath. Knowing wha…
Read ArticleAs a business owner, you would never sign a contract that put your company at risk. But that is exactly what happens when you say “I do.” without a prenuptial agreement in place. Under New York law, getting married can turn your life partner your business partner unless you take…
Read ArticleWe no longer live in a world where high school sweethearts get married the summer after graduation and stay together for 60 years. Most couples include at least one partner who has been in a serious, long-term relationship before. There may be parts of you or your soon-to-be spo…
Read ArticleThe rise of remote and hybrid jobs that was accelerated by the COVID-19 pandemic is here to stay. According to the Bureau of Labor Statistics, only a handful of industries have seen their work-from-home numbers shrink back to 2019 levels, even with some companies pushing return t…
Read ArticleGone are the days when all you wanted for Christmas was an official Red Ryder carbine action two-hundred shot range model air rifle. Now that you are old enough to buy one for yourself (you swear you won’t shoot your eye out!), the things topping your holiday wish list are not so…
Read ArticlePrenuptial Agreements for Creatives and Innovators Intellectual property (IP) is a valuable asset for creatives and innovators—artists, writers, musicians, inventors, and entrepreneurs. Whether it’s a book, a painting, a patent, or a thriving business idea, these creations often …
Read ArticleDivorce is never easy, but how you handle it can significantly impact how stressful or time-consuming the process becomes. While litigation may seem like the only option for resolving disputes, many couples find that a divorce settlement is a far better path forward. Here are fiv…
Read ArticleAlimony, or spousal maintenance, is a financial arrangement in New York that helps support a spouse after divorce. The duration and amount of alimony depend on various factors, including the length of the marriage, each spouse’s financial situation, and the court’s discretion. He…
Read ArticleAfter a divorce, some parents may wish to change their child’s last name for various reasons, such as the custodial parent wanting the child to have the same surname as their new family. However, changing a child’s last name in New York requires following a legal process, and cou…
Read ArticleMarriage is a major life step, and while the focus is often on love and commitment, it’s also important to think about practical matters like finances. A prenuptial agreement (or “prenup”) is a legal tool that can help protect both parties in the event of divorce. But when is the…
Read ArticleA prenuptial agreement, or “prenup,” is a legal contract between two people before marriage. It’s designed to protect each person’s financial interests in the event of a divorce. While many believe a prenup is ironclad, that’s not always true. Under certain circumstances, prenupt…
Read ArticlePrenuptial agreements are valuable tools for couples who want to protect their assets and clarify financial responsibilities before marriage. While many think of prenups as simple documents that divide property, they can be customized to address many concerns, helping both partne…
Read ArticleExploring New York’s Equitable Distribution Rules One of the most pressing concerns when couples divorce is how marital property will be divided. Many believe that assets will be split evenly, with each spouse receiving 50 percent. However, this is a common misconception, especia…
Read ArticleLosing a job can be stressful and uncertain, especially when you have child custody and support obligations. Many parents worry about how unemployment might impact their existing custody arrangements or their ability to meet child support payments. It’s important to understand th…
Read ArticleChild support payments are a critical responsibility for parents in New York, ensuring that children receive the financial support they need. Missing a payment might seem minor, but it can lead to significant legal and financial consequences. Understanding what happens when a pay…
Read ArticlePlanning a vacation with your child after a divorce can be exciting but also brings up important legal considerations. One of the most common concerns is whether you need your ex-spouse’s permission to take your child on a trip, especially to a destination like Disney World. This…
Read ArticleCo-parenting during the school year can be both rewarding and challenging. As routines change and school responsibilities increase, parents must work together to create a supportive environment for their children. The school year brings demands, making effective co-parenting esse…
Read ArticleIf you’re a business owner, you know how much work has gone into building your business and ensuring that it thrives. You wouldn’t do anything to put your business interests at unnecessary risk — but marriage can do exactly this. Putting a prenuptial agreement in place is a sens…
Read ArticleDealing with a spouse’s substance abuse places a huge strain on a marriage. Whether it becomes the primary reason for a divorce or simply acts as a compounding factor, it’s important to understand how substance abuse can impact your divorce outcome. Hiring a divorce lawyer is al…
Read ArticleAntiques and collectibles can be worth a considerable amount of money. If you’re a collector or have inherited family heirlooms and you’re facing a divorce, you’re probably wondering how these assets will be handled. There’s no set answer for how high-value collections are divid…
Read ArticleDivorcing couples often prefer to keep the details of a divorce private. When couples are celebrities or high-profile individuals, keeping a divorce out of the public eye is often necessary for protecting the career, reputation, and finances of one or both spouses. High-profile …
Read ArticleNearly everything you own gets divided up in a divorce, and that includes your vehicles. Whether you own a luxury car collection or a single antique vehicle, the question of which spouse gets to keep a costly automobile often leads to considerable conflict during divorce proceedi…
Read ArticleDivorces are rarely easy to navigate in general, but when spouses come from differing cultural backgrounds, agreeing to the terms of a divorce can be particularly challenging. In cases like these, it’s particularly important to work with a skilled divorce attorney who can help yo…
Read ArticleMost couples filing divorce petitions in New York anticipate litigation. They often assume that the disagreements that led to the breakdown of their marriage will carry over to their divorce. It is certainly possible that you or your spouse will contest at least some of the issue…
Read ArticleBroken marriages happen for many reasons, but in the end, the specifics do not matter. The reality is that the two spouses can no longer live with each other and need a solution that separates them with the least possible hassle. A divorce is often the result of a broken marriage…
Read ArticleShort-term rental properties represent a significant source of income for many families. The largest online booking system, Airbnb, has over 7 million active listings for nearly 4 million hosts around the world. American Airbnb hosts earn an average of $14,000 annually from their…
Read ArticleAs a parent of a special needs child, your thoughts probably center around giving your child the life they deserve. But in many cases, stress and disagreements over your child’s needs can contribute to the breakdown of a marriage. According to some surveys, divorce and special ne…
Read ArticleWhen high-net-worth couples divorce, financial issues like property division and spousal maintenance can take center stage. Resolving these issues can require extensive testimony and financial analysis. One tool available to both parties in high-net-worth divorces is a lifestyle …
Read ArticleJewelry can have economic and significant sentimental value. It might represent an important event in your life. You might even have family heirlooms passed down through the generations before you received them. To answer the question, jewelry might be divided in a divorce. Court…
Read ArticleWhen you’ve decided it’s time to pursue a divorce, there are certain steps you must take in anticipation. One of these steps is determining whether you should file a contested or uncontested divorce. The type of divorce partially determines how long you can expect to engage in t…
Read ArticlePrenuptial agreements can significantly help protect assets and create a roadmap in the event of a divorce in New York. Spouses of all ages and financial backgrounds can benefit greatly from these premarital agreements. If you’re interested in creating a prenuptial agreement pri…
Read ArticleDivorce cases can be challenging to navigate, especially when it’s a contentious or high-asset divorce. During your divorce, you must address many critical matters, including property division. To adequately divide your property, each spouse provides financial disclosures detaili…
Read ArticleOne of the toughest parts about divorce is knowing when the time has come to end the marriage. Each situation is different, but sometimes, there are telltale signs that indicate you should start thinking about seeking a divorce. If you’re considering filing for divorce, don’t wai…
Read ArticleOne of the most essential matters you’ll deal with during divorce is the distribution of property and assets. While a major topic in New York, it can also be one of the most challenging, especially in high-asset divorce cases. Part of the difficulty of property division is asset …
Read ArticleOne of the most important matters you’ll address during your divorce is property and asset distribution. If you have a trust fund, you may wonder what happens to the trust and whether the assets in your trust are available for division. When you’re dealing with a divorce and have…
Read ArticleWhen you bring two families together to form a blended family, the parties involved bring many interests to consider. One proposed method for navigating those interests is a prenuptial agreement. Prenuptial agreements are effective at addressing the many concerns that arise when…
Read ArticleGoing through a divorce can be difficult enough as is, but it is especially so when visas or immigration status are involved. If you’re concerned about how your divorce will affect your U.S. residency, it’s important to reach out and work with a divorce attorney who is well-verse…
Read ArticleThere are several important matters to handle during a divorce, including property division. However, dividing property, including collectibles, between spouses can be particularly challenging, especially when the two have certain attachments to their items. Fortunately, a skille…
Read ArticleThere are several important matters separating couples must face during their divorce proceedings, one of the most significant being debt division. While many divorcing spouses are aware of the importance of property division, debt distribution is often just as substantial, espec…
Read ArticleDivorce can be mentally and emotionally challenging, no matter your age or how long you’ve been divorced. However, for older couples over 50, going through a divorce can come with a whole host of unique obstacles that younger couples do not need to overcome. While navigating a d…
Read ArticleIt often takes years of hard work and money to obtain professional licenses and credentials, but the payoff is typically higher salaries and more employment opportunities. However, if you’re going through a divorce, it’s important to know whether your spouse has any claim to you…
Read ArticleMany divorces involve one or both spouses having valuable business assets and interests. When this is the case, these assets and interests must be evaluated during the accounting of assets. As you might imagine, the processes and methods involved in business valuations are typica…
Read ArticleDuring a divorce, the courts work hard to ensure that each spouse enjoys a post-divorce standard of living comparable to the standard of living during the marriage. To do this, judges need hard evidence of each spouse’s lifestyle. Although the Statement of Net Worth and other fi…
Read ArticleDivorce is a private and typically stressful matter. When the facts or details of a divorce get out, people face all manner of reactions and emotions, from stigma to personal guilt. Fortunately, divorcing spouses can protect the confidentiality of their divorce proceedings with a…
Read ArticleChild custody cases are frequently contentious matters. However, some divorces involving child custody issues are far more explosive than others. These cases proceed down the same path as any other divorce or custody dispute. However, the high conflict involved can sometimes twe…
Read ArticleAn estate plan puts you in the driver’s seat and allows you to set plans for the future of your estate. But what if something happens, such as a divorce, that causes that future to change? A divorce essentially rewrites your future, which means your estate plan likely needs updat…
Read ArticleDivorce proceedings seek to fairly divide spousal resources. However, some spouses engage in questionable financial behavior during divorce, such as reckless spending. This reckless spending leads to the dissipation of marital assets in what is usually an unlawful manner. Fortuna…
Read ArticleWhen a couple decides to divorce, there is no shortage of details to work out, both emotionally and financially. In New York, a mortgage is considered marital property, but it’s handled differently than other tangible pieces of property, such as a car or a boat. A mortgage isn’t…
Read ArticleChild custody disputes can be complicated to resolve, even when both parents reside in the United States. That said, child custody rights do not end at America’s geographical borders. Parents of children still have the right to spend time with their children and participate in de…
Read ArticlePrenuptial contracts are not the only opportunity for spouses to protect their personal assets; postnuptial (postnup) agreements are contracts that are created after a couple marries, and they may include an outline of asset ownership in the case of divorce alongside the responsi…
Read ArticleYour wealth may not consist solely of the financial resources you generate through your work. If your family or close personal friends are well-off, you could find yourself inheriting some or all of their assets upon their passing. That being said, should you subsequently divorc…
Read ArticleIn many ways, divorce can represent a new beginning and a fresh start in your life. This can be both freeing and frightening, especially when you consider your need to chart a financial path forward that may not include support from your ex. Your financial world post-divorce coul…
Read ArticleAs many as 10% of U.S. for-profit businesses are jointly owned by spouses. When these couples decide to divorce, their businesses often become wrapped up in the proceedings. How the court handles these valuable assets can affect other orders the court enters, including spousal su…
Read ArticleThe services of a forensic accountant aren’t always needed to settle a divorce, but couples with a large net worth or complex assets will benefit from working with a forensic accountant. Your divorce attorney will recommend working with a forensic accountant if they believe one i…
Read ArticleWhen a marriage involves foreign property, overseas bank accounts, or international business interests, divorce becomes significantly more complex.
Read ArticleSeparating assets in a divorce is rarely an easy process. When you and your spouse have international assets, the issue only becomes more complicated. If you’re heading into divorce and have international assets to consider, it helps to be aware of some of the most common challen…
Read ArticleNew York divorce law consistently seeks to keep up with social and technological changes that affect modern life. The laws regarding intellectual property (IP) are one such example. Intellectual property includes a variety of assets, including trademarks, copyright, and trade sec…
Read ArticlePrenuptial agreements, also known as prenups, are essential for protecting your personal assets in the event of a divorce. However, a prenup is only useful if it offers adequate protection for your unique circumstances. Prenups are highly flexible and can be tailored to suit the…
Read ArticleMany couples set up a college savings account with the intention of planning for their child’s higher education expenses. However, once a couple decides to divorce, the assets in that account need to be addressed. Couples often forget to consider college savings accounts during …
Read ArticleParents have an obligation to continue financial support for their children regardless of the status of their relationship. In the case of divorce or separation, one parent may be legally required to pay child support to help provide for the child’s needs. Technically, child sup…
Read ArticleDivorce rates fall as income increases. The rates level off at about $200,000 in combined income before rising again at about $600,000 in combined income. However, having a high income does not guarantee that your marriage will succeed. Some issues happen universally, regardless …
Read ArticleIf you’re considering divorce, you may have all sorts of questions. How much will it cost? How long should it take? Do you qualify for alimony? The list goes on. However, one of the biggest concerns most couples have is how high-value assets like real estate will be distributed. …
Read ArticleAn order of protection is a valuable tool for stopping domestic violence. It tells your abuser to stay away from you. If they fail to do so, the police can arrest them for violating the order. Depending on the nature of the violation and whether they committed any additional crim…
Read ArticleWhen it comes to settling your affairs in a divorce, there are two main strategies that most couples use: litigation or mediation. Litigation is a court-led process, while mediation happens in a less formal environment where the couple comes to an agreement before meeting in cour…
Read ArticleNew York divorces do not automatically include spousal maintenance, also called alimony. Instead, the spouse seeking maintenance must show several factors to establish the right to spousal support and the amount they deserve. Factors Considered When Awarding Spousal Maintenance T…
Read ArticleDivorce affects couples in all industries and all income levels. Couples in the finance sector tend to divorce at a lower rate than many other professionals, like lawyers and business managers, but the differences are relatively small. Financial Issues to Consider Before Divorce …
Read ArticleA prenuptial agreement can be an effective tool for individuals seeking to marry to safeguard the future in the event of a divorce. Issues of property division and alimony can be addressed and settled before you and your partner marry, giving you both peace of mind and easing the…
Read ArticleWhen your children are young, they need formula and diapers. Those expenses disappear as they age, and new ones, like school supplies and braces, replace them. However, while your minor children’s need for your financial support will not change as they grow, your financial situat…
Read ArticleThe traditional divorce process evokes images of partners who are angry with each other, litigating every issue they have with one another before a court. Each partner tries to gain a financial advantage over the other in an attempt to repay the other for perceived wrongs during …
Read ArticleA divorce can affect your long-term financial security as much as it can impact your short-term outlook. You may be a long way from retiring when you and your spouse divorce, but how your retirement accounts are handled now can impact your future retirement plans. New York courts…
Read ArticleOne of the most basic functions of a New York divorce court is the division of a divorcing couple’s marital property. No matter how many assets are determined to be marital assets or their value, the court will generally seek to assign a value to the assets and divide them fairly…
Read ArticleDivorcing from your spouse brings a host of changes to your life and finances. Most immediately, the property you acquired while married to your partner will be split between the two of you. If you do not get primary custody of your children, your ability to see them and particip…
Read ArticleGoing through a divorce affects you emotionally — and financially. A big point of contention for many couples during divorce proceedings is the division of financial assets and property. If the divorce is not amicable, it’s not uncommon for one spouse to try to hide assets from …
Read ArticleSometimes filing for divorce is the best step forward in a broken marriage. Your divorce attorney or therapist might even refer to it as the solution by dissolution. If you and your spouse cannot continue together, divorce allows both of you to move forward with your lives rather…
Read ArticleThe holidays do not feel the same when you cannot share them with your children. But when you share custody with another parent, you need to find ways to compromise over your parenting plans for the holidays. You should consider many practical, financial, and emotional factors. Y…
Read ArticleThe process of separating takes a toll on you emotionally, but it also has a big impact on your finances, including your taxes. Divorce and taxes are inextricably linked, making it necessary to turn to a divorce attorney who can help you navigate the process. Learn more about wha…
Read ArticleCo-parenting after a separation presents unique challenges. For blended families, parenting after a divorce can be even more difficult. Parents in these families have to consider not only the best interests of their shared children but also their ex-spouse’s existing family. Ther…
Read ArticleDivorce rates have hovered around 50% in the U.S. for decades. This makes taking steps to protect your assets and income a highly practical decision. However, it’s not easy to predict how each partner’s net worth will evolve over the course of a relationship; there are so many p…
Read ArticleIn any New York divorce, the court must make numerous decisions that can impact the finances of both parties. To make fair decisions in these matters, the court needs an accurate picture of your finances and those of your spouse. The court obtains this picture through your State…
Read ArticleOne of the most persistent misconceptions in family law is that the length of your marriage determines how long your divorce will take. The truth is more nuanced — and more hopeful.
Read ArticleThe longer you are married to your spouse, the more intertwined your personal and financial affairs become. You may have older children with your spouse, own one or more homes, and have valuable assets, like retirement accounts, pensions, and an investment portfolio. So it stands…
Read ArticleThe decision to file for a divorce is never an easy one to make, and even when you know it’s the right thing to do, the divorce process can be emotionally and financially taxing; you may not even know where to start. Some divorces are simple, but couples who have been married se…
Read ArticleYounger generations, like millennials, are sometimes looked upon by older generations as having little regard for traditional values and institutions. However, the institution of marriage appears to be one institution millennials are not casting off. Recent statistics show that m…
Read ArticlePrenuptial agreements are often associated with wealthy clients — but their most practical benefit is simpler: they can dramatically streamline the divorce process for any couple.
Read ArticleMost people never think of entering into a prenuptial agreement before getting married. They believe that these agreements are unnecessary or, even worse, encourage divorce. But a successful marriage will survive whether the spouses have a prenuptial agreement or not. And if the …
Read ArticleA divorce is a legal proceeding that wraps up all outstanding issues in the marriage before dissolving it. In many cases, both parties understand that the marriage has ended and divorce is necessary for both parties to move on. But in other cases, communication has broken down, a…
Read ArticleInfidelity is one of the most common situations that leads a spouse to file for divorce. An affair is an understandably hurtful situation. Trust is broken, and the spouse who remained faithful often feels like their entire marriage has been a lie. One of the most common question…
Read ArticleChild-related matters are sensitive — the decisions that are made concerning children can change their lives. For this reason, the court does not take relocation requests lightly. Moving with your child after a divorce requires court involvement, especially when there is an exis…
Read ArticleDivorce comes with a huge number of considerations. At the onset of a divorce, most people are immediately concerned with the biggest questions about dividing assets, determining custody, and identifying what type of alimony and child support arrangements will be set in place. H…
Read ArticleUntil about a decade ago, New York required grounds for divorce which meant that the party seeking a divorce had to establish a valid reason for the divorce. Now, New York offers “no fault” divorce, which makes getting a divorce much easier and also avoids the need to address aba…
Read ArticleInitiating the divorce process can be challenging and overwhelming. There is no right or wrong way to do it, but one thing is for sure — you must inform your spouse of your intentions. Telling your spouse you’re planning to file for divorce can be difficult under any circumstance…
Read ArticleThe terms of a divorce have a lifelong impact on central matters like financial comfort and child custody. Even in the short term, divorce can lead to significantly greater costs and stress than it needs to. If you’re planning to go through with a divorce, it’s essential to know…
Read ArticleThe first no-fault divorce law was signed by California Governor Ronald Reagan in 1969. Governor Reagan’s hope in doing so was to eliminate some of the shame and heated court battles that often accompanied divorces in which one party had to prove fault in order to end the marriag…
Read ArticleEmotions often run high in divorces. After all, they involve two individuals untangling their lives from one another. The things acquired together and experiences shared can be painful to separate from, which can lead to emotionally charged fights over who gets the home, where th…
Read ArticleSocial media use is as prevalent as ever, with seven out of ten Facebook users admitting to logging in and using the site every day. If you are a daily social media user, you may be accustomed to sharing special moments and big events with your family and friends online. However,…
Read ArticleYour summer plans may include a trip outside the country. Perhaps you have family that resides in Mexico, or your family has a favorite vacation destination in Europe. Wherever your out-of-country travel destination might be, planning for such a trip and getting there can be diff…
Read ArticleLife goes on, even during a divorce. After a marriage dissolves, one partner may want to move closer to extended family to help support or care for their children. Or, one partner may have a job offer to relocate to a city that they may not have been able to take when they were m…
Read ArticleSpousal support orders are also known as “maintenance” payments. These payments are court-ordered and require one spouse to pay the other after a legal separation or divorce. These support orders are meant to ensure that both parties can maintain a reasonable standard of living.…
Read ArticleLast Updated: July 2025 Divorce can have far-reaching implications for your finances and quality of life. Whether or not you and your spouse are on the same page, it’s important not to leave your financial future to chance. Your divorce agreement will cover alimony, child support…
Read ArticleAll divorces are logistically, financially, and emotionally difficult. Often, divorce proceedings involve challenging emotions. Even amicable separations are not easy for those involved. No matter the circumstances in which you find yourself, it is critical to understand the step…
Read ArticleEven the most amicable divorces are complicated and emotional experiences. Two people who thought they would spend their lives together need to figure out how to disburse their assets and break up their marriage. It is further complicated by the fact that both marriage and divorc…
Read ArticleIn a contentious divorce or child custody case, one or both parties may use text messages from the other to establish unfit parenting or to support allegations of abuse or harassment. But are the text exchanges between two private individuals allowed to be used as evidence in New…
Read ArticleInfidelity is one of the most commonly cited reasons for divorce. If you are going through a divorce after your spouse engaged in an extramarital affair, it is normal to feel uncertain about your financial future. For those facing a divorce in New York, you may wonder what the im…
Read ArticleThere is a common fear among people who have been asked to sign a prenuptial agreement. Most believe that signing a prenup will make them more likely to divorce. However, the good news is that there is little evidence that this is the case. Prenuptial agreements are widely misund…
Read ArticleNo matter how you earn a living, divorce is a difficult financial, legal, and emotional process. But divorcing as a business owner presents distinctive challenges. When someone’s business is involved in the divorce process, many complex factors must be considered. To better under…
Read ArticleIn an increasingly digital world, modern technology has profoundly impacted legal matters. For example, social media, text messages, and browser history can all create damning evidence against an individual in court. With divorce proceedings in particular, digital evidence can qu…
Read ArticleNo one expects to face the prospect of a divorce. But when you are getting a divorce, you may be unsure about what to do with your engagement ring. There are many options available for those who no longer need their engagement ring. It is important to explore your options and cho…
Read ArticleMiles, points, and cash-back rewards accumulated during a marriage are more valuable than most people realize — and they are often overlooked in divorce proceedings.
Read ArticleMany credit cards offer users “points” as a method of rewards currency. These points can be earned when you use the line of credit for spending. But what will happen to the credit card points you have accrued if you go through a divorce? Even the most amicable divorce is an emoti…
Read ArticleDeciding to file for divorce is an emotional and challenging decision. To help you navigate the process, we have created a comprehensive divorce checklist to ensure you take the necessary steps for a smooth and efficient experience. Following this guide can help reduce stress and…
Read ArticleStarting a new chapter in your life after divorce can be both exhilarating and daunting. The judge has signed the final decree, but before you settle into your post-divorce life, it’s crucial to address any loose ends. Our post-divorce checklist will help you ensure all necessary…
Read ArticleWhile not as widespread as avocado toast, prenuptial agreements are becoming increasingly popular among millennials. Aiello & DiFalco has noticed this trend and understands the unique needs of millennial couples when it comes to protecting their assets and interests before enteri…
Read ArticleNavigating the divorce process in New York can be a daunting experience for any couple, whether as the party with more of the finances concerned about dividing their assets or as the party who is anxious about making sure they get what they are entitled to receive. The complexiti…
Read ArticleCryptocurrency is a digital asset that has become a significant investment for many people across the country, including in New York. However, cryptocurrency can add complications to a divorce, particularly when it comes to dividing assets between divorcing spouses. In this blog,…
Read ArticleRegardless of the circumstances, divorce proceedings can take a financial and emotional toll on couples, especially when the process becomes tied up in lengthy legal disputes. While emotional support from friends and family is important, consulting with a financial advisor can be…
Read ArticleMarriage is an exciting and emotional journey that two people embark on together. However, it is also a legally binding contract that can have significant implications for both parties’ finances. At Aiello & DiFalco, we believe that protecting your financial interests is just as …
Read ArticleDivorce proceedings can be emotionally and financially draining for all parties involved. In New York, the division of legal fees often becomes a point of contention. Several factors influence who pays the legal fees in a New York divorce. At Aiello & DiFalco, we understand the c…
Read ArticleThe divorce process can be a stressful time for any New York couple. Court dates, financial paperwork, and child custody battles can make the process more difficult. In New York, couples have the option to go through mediation before going to court. However, direct litigation may…
Read ArticleRegardless of the circumstances, divorce proceedings can take a financial and emotional toll on couples, especially when the process becomes tied up in lengthy legal disputes. Emotional support from friends and family is important as you transition into a new chapter in life. Wit…
Read ArticleDivorce can be particularly taxing for couples who share children. On top of complicated asset division, you and your spouse will need to make difficult decisions about the future of your children. New York law requires divorced parents to provide financial support for their chil…
Read ArticleTrading stocks is one of the most popular forms of investing. For many New Yorkers, the stock market significantly contributes to providing financial security. As such, if you’re thinking about marriage, you may be wondering how to protect your investments. The law views stocks a…
Read ArticleIt’s not uncommon for a recently-divorced individual to want to remarry again soon after a divorce is finalized. In some cases, the desire to enter into a marriage with another may be the primary motivator for divorce. In others, a recently divorced person may meet a new partner …
Read ArticleDivorce at any age can bring a whirlwind of emotions. When divorce occurs in the later years after a long-term marriage, it tends to be a decision that can be difficult emotionally — and also financially. “Grey divorce” is a commonly used term that refers to ending a marriage wh…
Read ArticleMany divorcing couples in New York assume that each spouse pays their own legal fees—but that’s not always the case. When a couple divides marital assets and negotiates the terms of their separation, courts may also consider whether one spouse should contribute to or fully cover …
Read ArticleFrom the beginning of a divorce, you’ll need to start making important decisions for yourself and your children. Determining which spouse can remain in the home during the divorce is one of the first decisions spouses must make. If spouses are amicable, it is possible to make the…
Read ArticleNew York is a no-fault divorce state, but infidelity is not entirely irrelevant. Learn exactly when and how adultery can influence property division, maintenance, and custody.
Read ArticleMarriages head for divorce for several reasons, but one of the most common reasons is one of the parties is having an affair. Cheating not only produces emotional stress but can also affect a divorce case. Shockingly, cheating is considered “adultery”, which is actually a crime i…
Read ArticleWhile the divorce process is often taxing and challenging, it doesn’t always have to be. When spouses are open to working together, they can have a more amicable divorce and reach the end of their marriage in a kinder and friendlier way. Our firm handles more amicable divorces t…
Read ArticleWhen a marriage ends, it is often difficult and emotional for everyone involved. However, one of the many decisions that need to be made is how to divide the retirement assets and pensions accumulated during the marriage. This can be a very complicated process, as several factors…
Read ArticleNo two divorces are exactly alike, and this is equally true for same-sex couples. But while the general divorce process is the same for everyone, unique issues can arise during a same-sex divorce. Here are six of the most common: Division of Property For heterosexual couples, the…
Read ArticleIn New York, marital property is divided under “equitable distribution” statutes. This means that courts divide property equitably which does not always mean equally. New York judges will consider a number of factors to determine how the marital property is divided. In some circu…
Read ArticleFor anyone considering divorce in New York, one of the first questions is how long will it take to get divorced. Divorce proceedings can vary greatly depending on any shared assets, finances, children, disagreements, and other variables between a couple. No two divorces are exact…
Read ArticleDividing marital assets in a divorce can be challenging, particularly when those assets include stock options and stock units. By working with an experienced divorce attorney, you can achieve a fair distribution and protect your financial future. What Is the Difference Between S…
Read ArticleFor many New Yorkers, ending a marriage eventually means starting a new relationship. It’s not uncommon for recently divorced people to start a new chapter in their lives by dating. While many states across the country frown heavily upon spouses who date while a divorce is pendin…
Read ArticleA common issue in many New York divorce cases is determining how legal fees are paid. Even in an uncontested divorce, divorcing from your spouse can be a major expense. This is why New York law is designed to provide relief for spouses who may be at a financial disadvantage. Cou…
Read ArticleAlimony can be even less popular than child support to those who are ordered to pay it by the court. But just like child support, there can be consequences for failing to pay alimony. These consequences can range from penalties, suspension of licenses, and even the possibility of…
Read ArticleOne of the fundamental rights of parenthood is the right to parent your child. This includes not only being able to spend time with your child but also participating in child-rearing decisions. As a parent, you and your co-parent decide where your child goes to school, what reli…
Read ArticleDivorce is always stressful, no matter who you are (or who you’re divorcing!). It’s essential to make sure you have an exceptional, experienced divorce mediator. When spouses begin discussing the possibility of a divorce, many consider mediation as an alternative to a high-confl…
Read ArticleDivorce, separation, and breakups often mean that two parties who previously worked to support one household are now required to support themselves and/or their children in two separate household. Spousal and child support is intended to ensure that the financial burdens are fair…
Read ArticleLots of people initially insist that they want full custody. Custody is not a completely binary option where either parent has “full” custody. Custody can best be understood as a spectrum of options involving legal decision-making custody, physical/residential custody, and parent…
Read ArticleDomestic violence can include a physical assault, controlling, harassing behavior, financial and other abuse. If you fear for your safety or the safety of your children, you may need to seek an order of protection to keep yourself and your children safe from the offending party. …
Read ArticleBreakups are hard. Whether you’re separating or divorcing, it can feel overwhelming—emotionally, legally, and financially. Many people aren’t ready to jump straight into a divorce and want to explore other options. That’s where a separation agreement may come in. In New York, cou…
Read ArticleDivorce is always a sensitive subject — even during the most amicable of splits, you might find yourself in a long, hard fight to secure what is rightfully yours. This is especially true for separated couples in which one of the partners owns a small business. Small businesses a…
Read ArticleDivorce is already emotionally taxing without the added stressor of financial considerations. When dissolving the contract of marriage, economic losses beat out economic gains every time. Additionally, an equitable division of resources doesn’t always spell an equal division of r…
Read ArticleMarriage is an economic partnership. Most people would not go into a new business partnership without clearly outlining the financial terms to protect themselves if the partnership does not work out. Although prenuptial agreements sometimes have a stigma of being associated with…
Read ArticleNew York courts presume both parents are fit to raise their children. But when that is not the case, you need clear evidence and the right legal strategy.
Read ArticleYour child custody arrangement can have a significant impact on your child’s life. Ideally, both parents share custody of their child. Joint custody is typically most beneficial for the child where two parents are able to work together and raise the child even though their relati…
Read ArticleChild custody is not one size fits all, as there are many different types of custody arrangements possible. 50/50 custody is one of the most common types of arrangements, as it can give the child quality time with both parents equally. If you or the other parent are pursuing 50/…
Read ArticleCryptocurrency is becoming increasingly popular, making it more common in divorces. However, because cryptocurrency is still relatively new and unknown to many, it can add a layer of complication to a divorce case. If either spouse is involved with cryptocurrency, it is essential…
Read ArticleDeciding who gets custody of a child is often a life-altering decision. The court will consider many factors when determining a suitable custody arrangement for the child and the parents. In some cases, the judge may consider a child’s preferences when making the decision. Howev…
Read ArticleWho gets to keep the engagement ring after a couple decides to divorce? You would think there would be a simple answer to this question because it was a gift from one person to another. So the gift receiver should keep the ring, right? Not so fast. As with many issues related to …
Read ArticleDeciding to move out of the marital home during separation or divorce can raise concerns about abandonment and how it may affect legal proceedings. Many spouses worry that leaving the family home could harm their case regarding property division, child custody, or spousal support…
Read ArticleHandling a high-net-worth divorce in New York requires experience and a solid understanding of complex financial issues. Ascertaining the value and relevant contributions to multiple properties, investments, business interests, and numerous accounts can complicate the distributio…
Read ArticleMarriage is an economic partnership and divorce involves the untangling of the partnership. Besides custody and parenting issues, most aspects of a divorce relate to financial issues. Understanding your financial circumstances is critical to being prepared for a divorce. There a…
Read ArticleSpousal maintenance, spousal support, and alimony all refer to the same concept. When a couple divorces or separates, the parties will often have a disparity in economic situations. A court can order spousal maintenance so each person can meet their expenses each month. Here are …
Read ArticleUnder New York law and the U.S. Constitution, fathers and mothers have equal legal rights. Both parents stand on equal footing in the eyes of the court. Here are some suggestions about how to use that principle of equality to protect your rights as a dad. Establishing Parental Ri…
Read ArticleIf you are facing a potential divorce, you may be entitled to spousal maintenance (alimony). Many people are curious about whether a husband may be entitled to spousal support. Husbands in New York can receive spousal support just like wives when applicable based on the parties’ …
Read ArticleChild support is the obligation of both parents, but it is the non-custodial parent who is required to pay the custodial parent a certain amount each month (or on a more frequent basis depending on parties’ pay schedules). Child support is intended to meet the needs of the child …
Read ArticleAttorney Advertising. The information in these articles is for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed by reading this blog. Laws change frequently — always consult with a qualified attorney regarding your specific situation.
The attorneys at Aiello & DiFalco LLP are available to discuss your matter and provide guidance specific to your circumstances. Call us or schedule a consultation today.