Child support arrangements are not just about monetary support; they represent a commitment to the child's well-being and future opportunities. The duration of these payments often hinges on various factors, including the child's age, specific needs, and any...
Dividing the marital estate during divorce proceedings can be stressful. After all, the outcome of that process can shape your financial stability for a long time to come. Yet, all too often divorcing individuals fail to account for how spousal support can play a role...
Finances inevitably come to the forefront in a New York divorce. It does not matter if it is a high-asset divorce, a middle-class couple or people who are of limited means. Money is always a concern. In these cases, spousal support (also referred to as alimony) can be...
Moving to a new state doesn't automatically change what you pay for spousal maintenance. However, it may have an impact on your obligations if either you or your ex-spouse files a request in court to modify your divorce agreement. What do courts consider? In New York,...
Child support is crucial for the well-being and development of children after parents separate. It ensures that both parents contribute financially to their child's needs, covering essentials like food, shelter, education, and healthcare. Penalties for non-payment of...
Becoming a father is a profound moment that forever changes your life. For unmarried fathers, this joy comes with uncertainty about their role and rights in their child's life. They fear that they might miss precious moments of their child's growth and development,...
New York prioritizes the growth and development of its children. So, the state specifies conditions when parents must provide child support. This support includes financial contributions and the maintenance of health insurance coverage until the child turns 21....
While planning a wedding can be exciting, taking steps to secure your financial future as a couple is equally important. Prenuptial and postnuptial agreements outline the division of assets and liabilities in the unfortunate event of a divorce. Timing is important The...
Building a family is a dream for many, but sometimes, medical challenges can make it impossible. Thankfully, advances in science have opened doors, including surrogacy. Through the Child-Parent Security Act of 2020, New York allows surrogacy. This recently passed law...
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...
