One of the key aspects of divorce is the division of assets. This is also one of the most complex and controversial parts of the process.
As Forbes discusses, asset division is particularly complex when the value of property is excessive. Certain valuable assets, such as houses, rental properties, stocks, businesses, retirement plans and pension plans, can be the sources of heated conflict and disagreement. Figuring out who gets what is an involved process, and it often requires the assistance of a qualified family attorney.
If you are looking for a divorce lawyer in Queens, the Law Office of Elliot Green is available to assist. We have experience in all aspects of family law, and if you are thinking about getting a divorce, it is important to know your rights. Give us a call today at 718-260-8668 for a free 30-minute consultation.
TIME reports that a new study revealed that children who come from wealthy families may experience dramatic changes in behavior during a divorce compared to children who come from families with less material wealth. At the same time, however, the study argues that children from wealthy families are more likely to benefit from the more formalized structures typically present in wealthy families, including stepfamilies.
The study was conducted in a joint effort by Georgetown University and researchers at the University of Chicago. The project involved 4,000 children who were divided into three groups based on their family’s income level.
The results of the study pointed toward a trend that children from the wealthy families and high-income parents “act up more.” However, the researchers do not conclusively state why this might be the case.
The researchers suggest that the trend may have to do with fathers moving out of the household and taking a large portion of the household income with them. The divorce process might also mean that previously privileged children may be required to move to less wealthy neighborhoods, and the impact of this manifests in a change of behavior.
Researchers also noticed that the impact was only on children younger than 5 years old, while there was little to no effect of separation on kids between 6 and 12 years of age.
Of course, central to all of the studies was the way in which children were treated, and the study highlights the importance of maintaining family structure and staying alert to children’s needs throughout the process. In many cases, a divorce is the only viable option in a disruptive household, and the researchers suggest that in many cases, divorce will actually alleviate certain situations despite the short-term impact on the family makeup.
A divorce is always going to be a difficult situation, but at The Law Office of Elliot Green, we can help you understand how the law relates to your case. We assist clients in Queens and Staten Island, and we offer a free consultation to new clients. Call us today on 718-260-8668 for more information.
