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Post-Divorce Cash Flow and Financial Workability

Once a stipulation of settlement is entered into or a divorce has been finalized, courts are reluctant to change the terms. If a client complains that he or she was uninformed, made a poor financial decision, or did not properly handle the assets post-divorce, the likelihood of modification or reformation is, at best, slim.

26 minute read April 02, 2015 at 12:00 AM
By
Carl M. Palatnik
Post-Divorce Cash Flow and Financial Workability

The New York case of Simkin v. Blank, N.Y.3d 46 52 (2012), infamous for its ties to Bernard Madoff, illustrates one of the common financial mistakes made in divorce.

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