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    <title type="text">Librett Friedland, LLP</title>
    <subtitle type="text">Garden City NY Criminal Defense Lawyer &#124; Nassau County Family Law</subtitle>

    <updated>2026-04-22T08:59:29Z</updated>

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        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[How to set up a successful parenting plan]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2024/03/how-to-set-up-a-successful-parenting-plan/" />
            <id>https://www.lfllaw.com/?p=46895</id>
            <updated>2024-03-04T10:18:04Z</updated>
            <published>2024-03-07T10:17:37Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Parenting can be challenging, especially when you navigate the complexities of co-parenting after a separation or divorce. Establishing a successful parenting plan is important for ensuring stability and well-being for your children. Communication is key Communication challenges played a role in many of the 989,518 divorces in 2022. However, open and effective communication between co-parents lays the foundation for a…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2024/03/how-to-set-up-a-successful-parenting-plan/"><![CDATA[Parenting can be challenging, especially when you navigate the complexities of co-parenting after a separation or divorce.

Establishing a successful parenting plan is important for ensuring stability and well-being for your children.
<h2>Communication is key</h2>
Communication challenges played a role in many of the <a href="https://www.bgsu.edu/ncfmr/resources/data/family-profiles/loo-divorce-rate-US-geographic-variation-2022-fp-23-24.html#:~:text=After%20reaching%20a%2040%2Dyear,increase%20from%202021%20to%202022." data-wpel-link="external" target="_blank" rel="noopener noreferrer">989,518 divorces in 2022</a>. However, open and effective communication between co-parents lays the foundation for a successful parenting plan. Discuss your children's needs, schedules and preferences openly and respectfully. Outline a detailed schedule that includes custody arrangements, visitation times, holidays, vacations and special occasions.

Utilize technology such as shared calendars, messaging apps or co-parenting platforms to facilitate communication and coordination. These tools can help streamline scheduling and reduce misunderstandings.
<h2>Establish consistent rules</h2>
No matter your <a title="Child Custody and Visitation" href="/family-law/child-custody-and-visitation/" data-wpel-link="internal">child custody</a> situation, consistency is key to providing stability for your children. Collaborate with your co-parent to establish consistent rules and disciplinary measures across both households. This ensures that children understand what you expect of them regardless of where they are.

However, respect each other's boundaries and parenting styles. Recognize that circumstances may change, and be willing to adjust the parenting plan accordingly. Cooperation and compromise are important for adapting to new situations.
<h2>Put children first</h2>
When creating a parenting plan, prioritize your children's best interests above all else. Consider their age, school schedules, extracurricular activities and emotional needs when designing the plan.

Also, maintain a positive and cooperative co-parenting relationship for the well-being of your children. Focus on fostering a supportive and respectful co-parenting dynamic, even in challenging situations. Avoid criticizing or undermining your co-parent in front of the children, as this can create confusion and tension.

Do not create a parenting plan that becomes set in stone. Periodically review the plan with your co-parent and make adjustments as needed to accommodate changes in your children's lives or schedules.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[How to reduce the stress of the divorce process]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2023/12/how-to-reduce-the-stress-of-the-divorce-process/" />
            <id>https://www.lfllaw.com/?p=46893</id>
            <updated>2023-12-06T10:18:04Z</updated>
            <published>2023-12-11T10:17:43Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce is one of life’s most challenging experiences. The emotional toll, coupled with the legal intricacies, can be overwhelming. However, there are proactive steps you can take to reduce the stress associated with the divorce process. Prioritize self-care Amidst the chaos, do not forget to prioritize self-care. Get sufficient rest, maintain a balanced diet and engage in physical activities. These…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2023/12/how-to-reduce-the-stress-of-the-divorce-process/"><![CDATA[Divorce is one of life's most challenging experiences. The emotional toll, coupled with the legal intricacies, can be overwhelming.

However, there are proactive steps you can take to reduce the stress associated with the divorce process.
<h2>Prioritize self-care</h2>
Amidst the chaos, do not forget to prioritize self-care. Get sufficient rest, maintain a balanced diet and engage in physical activities. These simple steps can have a profound impact on your overall well-being during this difficult time.
<h2>Establish clear communication</h2>
Communication is pivotal in relationships and is a major cause of the <a href="https://www.bgsu.edu/ncfmr/resources/data/family-profiles/loo-divorce-rate-US-geographic-variation-2022-fp-23-24.html#:~:text=After%20reaching%20a%2040%2Dyear,increase%20from%202021%20to%202022." data-wpel-link="external" target="_blank" rel="noopener noreferrer">14.56 divorces per 1,000</a> married women in 2022. However, clear communication is also paramount in any divorce process. Foster open and honest discussions with your soon-to-be ex-spouse. Clearly express your needs and expectations and be receptive to those of your former spouse. Establishing effective communication can mitigate misunderstandings and reduce unnecessary stress.
<h2>Set realistic expectations</h2>
Divorce often comes with a range of emotions, including disappointment and frustration. Setting realistic expectations can help manage these emotions. Understand that the process may take time and not every aspect will go as planned. Flexibility is key to navigating the unpredictable nature of divorce.
<h2>Focus on the future</h2>
Consider the opportunities for personal growth and new beginnings that divorce may bring. Redirect your energy toward positive outcomes. This focus can help shift your perspective and reduce stress.
<h2>Utilize professional resources</h2>
Counselors, therapists or support groups can provide valuable guidance and assist you in coping with the emotional challenges of divorce. These resources offer an objective perspective and can help you navigate the complexities of divorce more effectively.

It is possible to navigate the challenges of divorce with grace and resilience.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[4 reasons to consider mediation for high-asset divorces]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2023/09/4-reasons-to-consider-mediation-for-high-asset-divorces/" />
            <id>https://www.lfllaw.com/?p=46892</id>
            <updated>2023-09-07T08:00:16Z</updated>
            <published>2023-09-12T08:00:02Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce proceedings can be especially complex and emotionally charged when they involve high assets. In such cases, mediation emerges as an effective alternative to litigation, and there are many benefits to consider. 1. Confidentiality and privacy High-asset divorces often attract attention, which can be intrusive and distressing. Mediation provides a confidential and private forum where sensitive financial and personal matters…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2023/09/4-reasons-to-consider-mediation-for-high-asset-divorces/"><![CDATA[Divorce proceedings can be especially complex and emotionally charged when they involve high assets.

In such cases, mediation emerges as an effective alternative to litigation, and there are many benefits to consider.
<h2>1. Confidentiality and privacy</h2>
High-asset divorces often attract attention, which can be intrusive and distressing. Mediation provides a confidential and private forum where sensitive financial and personal matters remain shielded from public scrutiny. This privacy can help maintain the dignity and reputation of all parties involved.
<h2>2. Control over the outcome</h2>
Mediation empowers both parties to actively participate in crafting a mutually agreeable settlement. Unlike litigation, where a judge makes decisions, mediation allows spouses to maintain control over the final outcome. This fosters a sense of ownership and satisfaction with the resolution.
<h2>3. Preservation of relationships</h2>
While around <a href="https://www.cdc.gov/nchs/fastats/marriage-divorce.htm" data-wpel-link="external" target="_blank" rel="noopener noreferrer">689,308 divorces</a> happen a year, not all of them result in completely going separate ways. In high-asset divorces, couples may share business interests, investments or other financial ties. Mediation promotes a more amicable atmosphere, helping preserve important relationships or business partnerships that may be valuable for both parties in the long run.
<h2>4. Reduced emotional stress</h2>
Divorce is emotionally taxing, especially when substantial assets are at stake. Mediation can help reduce emotional stress by fostering open communication and collaboration between spouses. This can lead to a more amicable and less confrontational divorce process.

When navigating a high-asset divorce, flexibility allows for more tailored agreements that meet the specific needs and desires of each spouse. By actively participating in creating their divorce settlements, couples have a higher chance of a satisfactory outcome.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[Is it time to file for divorce?]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2023/06/is-it-time-to-file-for-divorce/" />
            <id>https://www.lfllaw.com/?p=46888</id>
            <updated>2023-06-07T16:18:43Z</updated>
            <published>2023-06-12T16:16:53Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Making the choice to file for divorce is a significant and personal decision that requires careful consideration of various factors and emotions. Divorce has a profound impact on individuals and families, and recognizing common signs can help individuals seriously consider whether it is time to file for divorce. Each situation is unique, but certain indicators may suggest a marriage is…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2023/06/is-it-time-to-file-for-divorce/"><![CDATA[Making the choice to file for divorce is a significant and personal decision that requires careful consideration of various factors and emotions.

Divorce has a profound impact on individuals and families, and recognizing common signs can help individuals seriously consider whether it is time to file for divorce. Each situation is unique, but certain indicators may suggest a marriage is at a crossroads.
<h2>Loss of emotional connection</h2>
A persistent and significant <a href="https://practicalintimacy.com/no-emotional-intimacy-in-marriage/#:~:text=Relationships%20lose%20emotional%20intimacy%20for,underlying%20tensions%20in%20the%20relationship." data-wpel-link="external" target="_blank" rel="noopener noreferrer">loss of emotional connection</a> within the marriage is a significant indicator that it may be time to file for divorce. When the emotional bond between partners deteriorates to the extent that there is minimal or no emotional support, understanding or intimacy, it suggests the marriage may not be salvageable.
<h2>Repetitive patterns of conflict</h2>
Frequent, intense and unresolvable conflicts that follow repetitive patterns may indicate an unsustainable marriage. Constant disagreements, hostility and an inability to find common ground create a toxic environment that hinders personal growth and happiness.
<h2>Lack of trust or betrayal</h2>
A breach of trust, such as infidelity or other forms of betrayal, can significantly damage a marriage. Rebuilding trust requires time and effort from both partners, and in some cases, it may not be possible. If trust has been irreparably broken and the betrayed spouse cannot move forward or forgive, it may indicate that the couple cannot save their marriage.
<h2>Unhealthy dynamics and incompatibility</h2>
Incompatibility and unhealthy dynamics within a marriage create ongoing stress and unhappiness. Fundamental differences in values, goals or life visions that a couple cannot reconcile suggest the relationship is not sustainable in the long run.
<h2>Physical or emotional abuse</h2>
No one should ever tolerate instances of physical or emotional abuse within a marriage. Prioritizing the safety and well-being of the abused partner is crucial. Seeking help and support may be the most appropriate course of action.

Every marriage is unique, and seeking guidance from therapists, counselors or divorce mediators can offer valuable insights and support during this challenging time. Ultimately, couples should base the decision to file for divorce on careful consideration, self-reflection and a commitment to personal well-being and happiness.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[3 ways gray divorce differs]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2023/03/3-ways-gray-divorce-differs/" />
            <id>https://www.lfllaw.com/?p=46887</id>
            <updated>2023-03-20T06:01:54Z</updated>
            <published>2023-03-23T06:01:23Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce happens regardless of how long the marriage has lasted. Gray divorce, which typically refers to people ending a 20- to 30-year marriage, continues to rise. This type of divorce often comes with additional considerations. Financial complexities While finances play a role in any divorce, it has a greater impact on people getting closer to retirement age. Along with finding…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2023/03/3-ways-gray-divorce-differs/"><![CDATA[Divorce happens regardless of how long the marriage has lasted.

Gray divorce, which typically refers to people ending a 20- to 30-year marriage, <a href="https://www.census.gov/library/stories/2021/04/love-and-loss-among-older-adults.html" data-wpel-link="external" target="_blank" rel="noopener noreferrer">continues to rise</a>. This type of divorce often comes with additional considerations.
<h2>Financial complexities</h2>
While finances play a role in any divorce, it has a greater impact on people getting closer to retirement age. Along with finding a way to equitably distribute assets and deciding what to do with the family home, alimony, retirement funds and social security also take center stage. If one spouse brought in less income, that will have a major impact on the divorce. Depending on the circumstances, a spouse may stay eligible to draw from the other spouse’s security. Distributing retirement funds often comes with tax implications.
<h2>Impact on adult children</h2>
Although many gray divorces have the added ease of not having to determine custody and child support, it still greatly impacts adult children. Along with an emotional toll, an adult child still dependent on the parents may create extra nuances.
<h2>Expenses associated with living alone</h2>
After years of marriage, the thought of living alone may feel exhilarating or terrifying. Beyond the emotional part of having to rethink a lifestyle, financial situations also arise. After a divorce, both spouses will have much less money to live off of. Many people also have to take on expenses they did not have to before, such as paying for health insurance.

Every divorce comes with bumps in the road, compromise and struggle. For some, divorcing in the later years creates additional concerns.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[What is a mediator&#8217;s job in divorce?]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2022/12/what-is-a-mediators-job-in-divorce/" />
            <id>https://www.lfllaw.com/?p=46886</id>
            <updated>2022-11-28T02:47:07Z</updated>
            <published>2022-12-02T02:46:30Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[When going through divorce mediation, you will spend a lot of time leaning on the mediator. To that end, it is important to understand exactly what a mediator does, what they cannot do, and what their overarching role in your divorce is. Providing useful opinions Survive Divorce discusses the role divorce mediators play. First, understand that mediators are not here…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2022/12/what-is-a-mediators-job-in-divorce/"><![CDATA[When going through divorce mediation, you will spend a lot of time leaning on the mediator.

To that end, it is important to understand exactly what a mediator does, what they cannot do, and what their overarching role in your divorce is.
<h2>Providing useful opinions</h2>
Survive Divorce discusses the <a href="https://www.survivedivorce.com/divorce-mediation" data-wpel-link="external" target="_blank" rel="noopener noreferrer">role divorce mediators play</a>. First, understand that mediators are not here to tell you what to do. They cannot force you or your spouse into a situation you do not agree with, and they cannot make any legal rulings.

They are here to act as referees as you and your spouse work through major divorce points on your own. They can provide insight and opinions, which are valuable as they come from a unique third-party perspective. This is one of their primary capabilities.
<h2>De-escalating arguments</h2>
On top of that, mediators have training in de-escalation techniques and are trained to help people get through arguments as easily as possible. This means they can step in when they sense things are starting to go in a bad direction or get out of hand, and they can use their training to bring everyone back down to a level-headed and calm place.

Mediators cannot stop arguments entirely, though, nor are they a guarantee that arguments will not happen during the divorce process at all. This is a three-party situation, and all three parties can alter the course of any discussion.

Mediation does not work for everyone, but going into it understanding what a mediator can actually provide will help you make a better decision.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[How to take emotionalism out of divorce mediation]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2022/09/how-to-take-emotionalism-out-of-divorce-mediation/" />
            <id>https://www.lfllaw.com/?p=46884</id>
            <updated>2022-09-07T10:55:40Z</updated>
            <published>2022-09-12T10:54:35Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[The divorce process creates an emotional roller coaster for both parties, and the resulting emotional charge in each individual can influence the legal issues that arise during the separation process. When these two individuals meet before the court, emotional justice is often a subconscious motivator behind motions and requests. However, the goal of the court is resolution using legal remedies…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2022/09/how-to-take-emotionalism-out-of-divorce-mediation/"><![CDATA[The divorce process creates an emotional roller coaster for both parties, and the resulting emotional charge in each individual can influence the legal issues that arise during the separation process.

When these two individuals meet before the court, emotional justice is often a subconscious motivator behind motions and requests. However, the goal of the court is resolution using <a href="https://www.lfllaw.com/family-law/" data-wpel-link="internal">legal remedies</a> and not emotional influences.
<h2>The emotional influence on mediation</h2>
Mediation is a way to avoid costly litigation when seeking a divorce. This process uses an impartial mediator to oversee the dialogue between the partners and settle the issues regarding the divorce. When emotions cloud the perspectives of one or both parties, very little productive dialogue ensues. Instead, the couple spends time placing blame, making accusations or deflecting responsibility. Emotions left unchecked can create a distorted view of reality, which in turn leads to unreasonable demands when trying to negotiate a divorce.
<h2>The steps for removing emotions</h2>
While not a guarantee, removing your negative emotions from the mediation process can help you more effectively address concerns with spousal or child support or the division of property. Here are a few ways to limit the influence of emotions.
<ul>
 	<li>Find a counselor, coach or someone to talk to about your feelings</li>
 	<li>Remember the big picture regarding your goals or the welfare of your children</li>
 	<li>Allow yourself to <a href="https://www.psychologytoday.com/us/blog/better-divorce/202109/when-will-the-grief-after-divorce-end" data-wpel-link="external" target="_blank" rel="noopener noreferrer">grieve</a> or release the emotions concerning the divorce</li>
 	<li>Think before you speak and acknowledge the other party’s interests</li>
 	<li>Follow the advice of legal counsel</li>
</ul>
The mediation process is more productive when parties put emotions aside. Although difficult, it is possible.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[How to establish a co-parenting relationship]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2022/07/how-to-establish-a-co-parenting-relationship/" />
            <id>https://www.lfllaw.com/?p=46883</id>
            <updated>2022-06-29T17:37:44Z</updated>
            <published>2022-07-04T17:37:01Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[There are many issues you will need to work through when you decide to divorce your spouse. One of the decisions you may need to make is how to share time with your children through a child custody plan. According to the Legal Information Institute, your divorce proceedings will also include determining child custody arrangements based on the best interests…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2022/07/how-to-establish-a-co-parenting-relationship/"><![CDATA[There are many issues you will need to work through when you decide to divorce your spouse. One of the decisions you may need to make is how to share time with your children through a child custody plan.

According to the Legal Information Institute, your <a href="https://www.law.cornell.edu/wex/child_custody" data-wpel-link="external" target="_blank" rel="noopener noreferrer">divorce proceedings</a> will also include determining child custody arrangements based on the best interests of your children. As you get used to sharing parenting duties with your ex, there are things you can do to improve your co-parenting relationship.
<h2>Hold regular meetings</h2>
Try and get on the same page with your former spouse about your children’s schooling, health, activities, etc. To do this, consider having regular meetings with your ex to talk about your children and their individual needs.
<h2>Create a calendar system</h2>
After <a href="https://www.lfllaw.com/family-law/" data-wpel-link="internal">your divorce</a>, your children will need to get used to going between two households and managing new schedules. Create and share a calendar system with your ex where you can both access information about activities and appointments.
<h2>Set similar rules</h2>
Work with your former spouse to establish a set of rules that are the same at both parents’ households. These rules should apply to bedtimes, chores, screen time and other family rituals and can help give your children a sense of stability.

It can take time to get used to sharing parenting duties and time with your children with your former spouse. Try and be patient with yourself, your children and your ex as you acclimate to this new parenting arrangement.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[3 things you can lose if you &#8220;win&#8221; your divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2022/05/3-things-you-can-lose-if-you-win-your-divorce/" />
            <id>https://www.lfllaw.com/?p=46564</id>
            <updated>2022-05-20T04:28:20Z</updated>
            <published>2022-05-26T04:27:48Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[It can be easy to feel like your divorce is a competition when you and your spouse are vying for the same rights and assets. You might feel compelled to “win” the divorce, especially if your marriage ended on bad terms. Treating a divorce as competition usually comes with unforeseeable consequences. There can hardly be a victor in a divorce…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2022/05/3-things-you-can-lose-if-you-win-your-divorce/"><![CDATA[It can be easy to feel like your divorce is a competition when you and your spouse are vying for the same rights and assets. You might feel compelled to "win" the divorce, especially if your marriage ended on bad terms.

Treating a divorce as competition usually comes with unforeseeable consequences. There can hardly be a victor in a divorce because you will likely sustain tangible or emotional losses in your effort to win.
<h2>1. Time</h2>
The most readily-apparent thing that you will lose in a competitive divorce is time. Not only can the actual divorce proceedings drag on when you try to claim as much as possible, but you risk arguing over shared assets with your former spouse for years to come due to bitterness born during the divorce.
<h2>2. Your business</h2>
If you are a business owner, you are likely aware that your company is likely a marital asset that is subject to division in a divorce. In the absence of a more amicable agreement, you may have to sell your business altogether and split the proceeds with your spouse.
<h2>3. Your child's happiness</h2>
Child custody is another area of divorce that could spark competitiveness if you are a parent. However, any resentment that builds between you and your former spouse can have <a href="https://www.familymeans.org/effects-of-divorce-on-children.html" data-wpel-link="external" target="_blank" rel="noopener noreferrer">long-lasting effects on your child</a>. Children can experience a dramatic shift in their mental state and future outlook after a divorce, especially one that does not end amicably.

No one stands to benefit by trying to win in a divorce. Seeking a <a href="/blog/2021/04/achieving-fairness-through-a-collaborative-divorce/" data-wpel-link="internal">collaborative divorce</a> could be a better mutually-beneficial solution for you and your spouse.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Librett Friedland, LLP</name>
				            </author>
            <title type="html"><![CDATA[3 things business owners should do before deciding on divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.lfllaw.com/blog/2022/03/3-things-business-owners-should-do-before-deciding-on-divorce/" />
            <id>https://www.lfllaw.com/?p=46562</id>
            <updated>2022-03-16T06:24:54Z</updated>
            <published>2022-03-21T06:13:58Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[An impending divorce can be a source of hardship in your personal and professional life. All the more so if you are a business owner who is passionate about protecting your company. In most cases, a business is a marital asset that is subject to property division laws during a divorce. While a well-planned prenuptial agreement could protect your business,…]]></summary>
			                <content type="html" xml:base="https://www.lfllaw.com/blog/2022/03/3-things-business-owners-should-do-before-deciding-on-divorce/"><![CDATA[An impending divorce can be a source of hardship in your personal and professional life. All the more so if you are a business owner who is passionate about protecting your company.

In most cases, a business is a marital asset that is subject to <a href="/blog/2021/04/property-division-in-new-york-divorce/" data-wpel-link="internal">property division laws</a> during a divorce. While a well-planned prenuptial agreement could protect your business, there are still other things you can do to maintain your assets if a prenup is not in place.
<h2>1. Form a separate business structure</h2>
Forming your business as an <a href="https://www.irs.gov/businesses/small-businesses-self-employed/limited-liability-company-llc" data-wpel-link="external" target="_blank" rel="noopener noreferrer">LLC</a> or corporation will legally separate the business's assets from you as an individual. While this is most effective if you incorporated before getting married, an LLC may still protect your assets from divorce going forward.
<h2>2. Remove your spouse from the business</h2>
If your spouse is directly involved in your business, you may wish to remove them from the company well before divorce gets put on the table. The greater their role and the longer their involvement in the company, the better their chances of claiming a large part of the business when a split occurs.
<h2>3. Appraise the value of the business</h2>
It is important to know the overall financial value of your business before a divorce becomes final. If there is no other beneficial arrangement, your best option may be to buy out your spouse's share of the company or sell off the company altogether.

Business can be a hot point of contention during divorce proceedings. If it seems that conflict is on the horizon, a mediating lawyer can help pave the way for an amicable settlement in your divorce.]]></content>
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