Blog Posts in January, 2017

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  • What Happens to My 401(k), IRA, or Pension in a Divorce?

    Posted By Eiges & Orgel, PLLC || 31-Jan-2017

    When contemplating divorce, some of the first questions we ask ourselves relate to how assets will be divided and the impact such divisions may have. Depending on the state where the divorce case is pending, the answer may vary, especially when considering your own individual circumstances. There are some general rules, however, that may offer some clarity on what to expect from your divorce. In ...
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  • What to Do If You Suspect Your Spouse Is Hiding Assets

    Posted By Eiges & Orgel, PLLC || 30-Jan-2017

    There’s no question about it, divorce can be messy. Spouses are given the difficult task of separating their lives and assets during an emotionally volatile time. It may come as no surprise that heated conflicts often arise. Unfortunately, these disputes sometimes cross the legal line, such as when a spouse attempts to hide marital assets during the division of property. This can be ...
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  • How Are Business Assets Divided in a New York Divorce?

    Posted By Eiges & Orgel, PLLC || 23-Jan-2017

    Divorce is known for being complicated, especially when it comes to dividing business assets. There is no universal rule for how this is dealt with, however. In New York, business assets accumulated during a marriage are subject to equitable distribution. What is Equitable Distribution? Equitable distribution is a legal doctrine used by divorce courts to determine how the assets and liabilities of ...
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  • 5 Concerns for Couples Facing a High Asset Divorce

    Posted By Eiges & Orgel, PLLC || 19-Jan-2017

    While no divorce may be free of financial difficulties, for high net worth couples, the legal process can be particularly challenging. From the division of complex assets and business interest to spousal support orders, many areas can require special attention. Below our blog outlines five considerations for couples going through a high asset divorce. The valuation of complex assets : While unique ...
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  • Millennials Protecting Intellectual Property Over Cash

    Posted By Eiges & Orgel, PLLC || 6-Jan-2017

    As the millennial generation has grown up and started to marry, we’ve begun to see some interesting changes in their trends. A somewhat-jaded attitude towards the institution can be seen in the increased percentage of couples who sign a prenuptial agreement. However, millennials are signing these agreements for a different reason than ever before: to protect their intellectual property as ...
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  • Postnuptial Agreements: It's Not Too Late to Protect Your Assets

    Posted By Eiges & Orgel, PLLC || 4-Jan-2017

    A postnuptial agreement is essentially the same as a prenuptial agreement, except that you and your spouse would enter into this agreement after your marriage rather than before, allowing you to decide how property, assets, and money would be divided in the event of a divorce. Without such an agreement, you leave the fate of your property and assets in the hands of the state. No one gets married ...
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