How Is an LLC Treated in a Divorce?
New York divides property into two categories:
Separate Property Property owned before marriage Gifts or inheritances Personal injury awards Assets protected by a valid prenuptial agreementIf you formed your LLC before marriage, it may be separate property.
How to Protect Assets in a Divorce
When you think of the word “divorce,” you probably think of the phrase “emotionally taxing.” You probably also think of the phrase “financially taxing.” You’re right to have those thoughts on both fronts. Divorces can take emotional and financial tolls that involved parties often dread and want to avoid. You can’t bury your...
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I Am Getting a Divorce, can I get custody of my Dog or Cat?
For many New Yorkers, our four legged pets are extremely important members of our family and what happens to them when a couple divorces has become an important topic of conversation in social circles and within the legal community.
Traditionally, dogs and cats have been considered personal property, just like a car,...