Getting a "gray" divorce, or a divorce when you're in your 50s or older, comes with challenges that younger couples may not face. It may be best for you to make sure your retirement plans are intact and to make any changes to your estate before your divorce so that...
Alimony
Does your change of circumstances support an alimony modification?
Between the impact of the coronavirus and that related to business interruption from social unrest, we in New York City have already been through major difficulties in 2020. Many people face an unexpected drop in income or other decreases in financial worth because of...
The Value of Prenups in Spousal Maintenance Determinations
Do Prenuptial Agreements Prevent Alimony?A legitimate prenuptial agreement could keep you from paying or receiving alimony after divorce. However, a judge may still order spousal maintenance if they decide your prenuptial agreement is invalid.Your prenup may not be...
When Your Ex Cries Poverty: How to Get Imputation of Income for Maintenance and Support Calculations
One of the most common issues in divorce litigation is determining the appropriate amount of maintenance, both final and temporary. Obviously, the moneyed spouse wants to pay as little as possible, and the payee spouse wants to get as much as they can. Since one of...
Awarding Maintenance in New York: A Basic Framework for Those Getting Divorced
Under New York law, parties in a divorce are often entitled maintenance from their former or soon to be former spouse. The payor spouse is the wealthier or "monied" party, and the payee spouse is the "less monied" party. While many New Yorkers seeking a divorce know...
NEW SPOUSE, OLD OBLIGATIONS: HOW MAINTENANCE AND CHILD SUPPORT CAN BE FINANCIALLY IMPACTED BY REMARRIAGE
Although divorce can be an extremely difficult ordeal, many people are lucky enough to find someone new to share their lives with. Many people today enter new romantic relationships and get remarried. However, as wonderful as a second marriage can be, there are a...