When facing divorce, financial concerns often come to the forefront. One of the most pressing questions is whether alimony, or spousal support, may be required or awarded. Alimony can provide essential support to a spouse who needs financial assistance to maintain their quality…
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…
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 enforceable in court…
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.…
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…
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…
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