Worldwide: Family and Matrimonial

When dividing assets in a divorce or separation, life insurance policies play a crucial role that many couples overlook. Understanding the difference between whole life policies with cash value and term life policies used to secure support obligations can significantly impact the fairness of your settlement and protect your family's financial future.

Estate planning is the process of setting out advance instructions to prepare for your future incapacity or death. Every estate plan is unique because every individual’s family and circumstances are unique.

A New York Commercial Division case examines whether a father and son have standing to sue derivatively on behalf of a home care services LLC when the mother claims sole ownership. The court must determine if an unadjudicated equitable distribution claim in a parallel matrimonial divorce proceeding can confer the corporate ownership required for derivative standing, while also evaluating allegations that key ownership documents were fabricated.