When petitioning for divorce in New York, you have to decide whether to file it as no-fault or under any of the six fault grounds, both of which are acceptable ways to petition for your marriage’s dissolution. Now, you may be weighing the pros and cons of each and...
Month: March 2024
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How courts calculate child support if parents have no set income
In New York, courts determine basic child support by using a mathematical formula that factors in parents’ combined monthly income. However, when parents, usually business owners or entrepreneurs, have fluctuating incomes, the factors may not be the same. In these...
How can you spot an inaccurate valuation of assets in a divorce?
In a New York divorce, assets are divided according to the equitable distribution principle. This doesn’t necessarily mean a 50/50 split, but a fair division of marital assets between spouses. The court takes an unbiased approach, basing decisions on each spouse’s...