One of the biggest concerns many people have about their divorce is about the effect it will have on finances. A divorce usually means going from a lifestyle involving two incomes to one, which could necessarily cause financial distress. While permanent alimony is...
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...
When spouses call it quits on their marriage, they have varying reasons to do so. In New York state, the courts require spouses to cite a divorce reason out of the seven grounds stated in the law. Additionally, the state mandates them to meet the residency requirement...
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...
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...
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...
With worries of prolonged and costly trials, many divorcing spouses wonder whether they could formally end their marriage without having to go to court. Generally, parties cannot finalize a divorce without some sort of court involvement. Nonetheless, it is possible...
There are some obvious issues that you’ll need to address in your divorce. Division of marital assets, determination of child custody and support, and allocation of spousal support are amongst them. The outcomes of these issues will certainly have a significant impact...
You want to file for divorce based on irretrievable differences, which is the no-fault grounds for divorce in New York. The problem is you and your spouse cannot stand each other, more so work together on the terms of your settlement agreement. Even though you want to...
