Tax Strategies That Could Help Your Divorce Settlement
Interested in finding ways to make your divorce settlement easier? Here are just a few strategies you could consider implementing. Put alimony in a trust The changes in how alimony would be taxed...
View ArticleDealing With Child Support and Alimony Struggles During the COVID-19 Pandemic
The rapid spread of the COVID-19 pandemic has left many Americans out of work. Many have filed for unemployment benefits but are experiencing extremely long wait times. Others may have stimulus money...
View ArticleTypes of Alimony Arrangements
If a court awards alimony to you or your spouse in your divorce, there are several types of alimony awards the court may choose. It is important to know the terms of your alimony arrangement so you can...
View ArticleWhat You Should Know About Alimony and Taxes
The Tax Cuts and Jobs Act, signed into law in December 2017, changed the way alimony payments are taxed for some people. The way tax rules apply to your alimony depends on when you were divorced....
View ArticleDoes Age Impact Divorce Settlements?
A variety of studies have been done over the years into how age at marriage affects the likelihood of divorce. But in terms of actual impacts on the divorce process itself, there are different...
View ArticleYour Ex’s Family Has Money. Will You Still Need to Pay Alimony?
A common question that comes up in family law practice is what happens when someone who comes from a modest background “marries into money” and then gets divorced. Specifically, if one spouse comes...
View ArticleCan I Get Evicted Because of Financial Hardship After a Divorce?
In the early days of the COVID-19 outbreak, New York State and the federal government adopted measures to ban evictions of renters who had lost their jobs or had their hours cut as stay-at-home orders...
View ArticleRap Legend Says Her Prenuptial Agreement Led to a Smooth Divorce
Rumors about her divorce led renowned rapper MC Lyte to speak out on Instagram about the end of her marriage to John Wyche and why she’s thankful she signed a prenuptial agreement. Though prenuptial...
View ArticleChanges in Your Life Can Prompt Changes to Your Divorce Agreement
A divorce ends the legal union between spouses, but in many cases, the relationship between the parties continues and evolves. This is especially true when the couple shares children. Though spouses...
View ArticleCan Inflation Affect Your Alimony Award?
Alimony, known as maintenance under New York law, is designed to give people who relied on their spouse’s income the chance to meet their financial needs as they transition to single life. Courts...
View Article
