Required Reading for Involved Grandparents

Recommended reading: "Well Into Adulthood and Still Getting Money From Their Parents" Wall Street Journal, January 26th, 2024. In order to help their family thrive, many grandparents financially support their adult children and grandchildren. For example, let's think about a couple that lives in Manhattan with an income of $350,000 - $400,000 a year. In many places, that would be a decent amount of money. If someone's living on the Upper West Side, Upper East Side, or SoHo, it’s not nearly enough. In (more...)

Softening the Blow to Children Amid Divorce

Nesting takes a little finesse on the part of mom and dad, but the kids get to stay put. If divorcing in a chaotic wild west style is on one end of the spectrum and divorcing like you’re having a congenial kumbaya and séance is on the other end of the spectrum, “Nesting” is the kumbaya séance.  Nesting is a custody arrangement in which each parent is in the marital residence with the children, exclusive of the other parent, during his or her (more...)

The Interplay Between Divorce and Immigration: Part 2

In last month's article, we spoke about the intersection between matrimonial law and immigration in broad brushstroke terms. In this article, we parse out specific red flags and nuances to look out for in cases where immigration is a factor.  Prenuptial Agreements:   Many citizens who marry immigrants choose to have a Prenuptial Agreement in place prior to entering the marriage.  Prenuptial Agreements are a sound measure for their protection and I highly recommend them. But, if you are doing a Prenuptial Agreement, you (more...)

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