How Should I Prepare Financially for Divorce Mediation in Manhattan? - Ryan Besinque
Episode notes
From The Law Office of Ryan Besinque - How Should I Prepare Financially for Divorce Mediation in Manhattan? explains how spouses throughout Manhattan and the surrounding New York City area can prepare their finances before sitting down at the mediation table. The discussion covers assembling complete documentation of income, assets, and debts, along with understanding what New York expects spouses to disclose to each other before negotiations begin. Ryan Besinque advises clients on document preparation, disclosure obligations, and business and investment valuation, helping them resolve divorce financial issues privately rather than in open court.
The episode walks through the categories of records spouses should gather, including bank statements, retirement account records such as an IRA, real estate documents, business records, debts, and insurance policies, all separated into marital and separate property. It also touches on how existing agreements may already control certain property under Domestic Relations Law, and how tracing inheritances or gifts can determine whether an asset qualifies as separate property.
Listeners will also hear how financial disclosure works once mediation is underway, including the sworn Statement of Net Worth required under Domestic Relations Law and the matrimonial rules found in NYCRR, along with how the Child Support Standards Act factors into support calculations. The conversation moves into how high-net-worth assets are valued in Manhattan divorces, touching on business interests, RSUs, and retirement assets that may require a Qualified Domestic Relations Order to divide properly.
Finally, the discussion explains how equitable distribution under Domestic Relations Law allows mediating spouses to trade assets rather than liquidate them, and how mediation offers a more private forum than a litigated divorce, where Statements of Net Worth and other financial details might otherwise become part of a public court file. Listeners interested in learning more about preparing for divorce mediation in Manhattan are encouraged to reach out to The Law Office of Ryan Besinque to schedule a confidential consultation.
The Law Office of Ryan Besinque
115 W 25th St 4th floor, New York, NY 10001
(929) 251-4477