Divorce matters are complicated and need to be handled with precision in order to preserve assets or sometimes to even prove that great value exists. Many business owners find themselves in precarious positions when their business is put under a microscope during divorce litigation. For example, business tax returns and jointly filed marital returns can [read more...]
Mar 222020
What is a Gray Divorce? A Gray divorce or Silver Splitter or Diamond Divorce is a term referring to the demographic trend of an increasing divorce rate for older (“gray-haired”) couples in long-lasting marriages. The Underwood Law Firm has years of successful trial results* but, we attempt to resolve disputes outside of the court system [read more...]
As an experienced Syracuse divorce lawyer helping people in various fields and backgrounds, I frequently assist people with careers as a doctor, medical assistant, nurse, nurse practitioner, physician assistant and physician on their matrimonial matters, divorce, custody, child support and spousal maintenance issues. So, I understand and can easily accommodate erratic, busy schedules by having [read more...]
As an experienced Syracuse Divorce Lawyer for over 13 years, I know first hand all of the details involved with divorce litigation. Typically, the first formal court appearance is the preliminary conference. At the preliminary conference, the court personnel or the judge (depending on the county), creates a scheduling order. A scheduling order details numerous future [read more...]
What does equitable distribution mean? Under New York Law, marital property is divided between the husband and wife. This is known as equitable distribution. However, separate (non-marital) property is not divided. What is marital property? All property acquired during the marriage is considered marital property. Please note this typically includes pensions, retirement accounts, real property [read more...]
Now more frequently than ever, parties are using Prenuptial Agreements (or Pre-Marital Agreements) prior to getting married. The purpose of these agreements is to keep separate property from becoming marital property. Also, there can be provisions related to spousal maintenance (formerly known as alimony). As I have described HERE, marital property is divided in a [read more...]
