The Concept of Marital Waste in Property Division “Marital waste” refers to the intentional dissipation of shared assets by one party for their own benefit. This often occurs when one spouse uses shared finances or other marital property for extravagant vacations, designer clothing,…
New York Is an Equitable Distribution State Equitable distribution is legal principle that refers to division property and finances based on the relative needs and contributions of both spouses. This means when couples in New York get divorced, state courts attempt to divide…
What You Need to Know About Custody Orders Between States Although it can be difficult, it is not uncommon for divorced or unmarried parents to live in separate states. This type of arrangement can be challenging when it comes to determining how joint…
One of the biggest questions in divorce litigation is often “who gets what?” Under New York law, when a couple gets divorced, the courts will utilize what is known as “Equitable Distribution” to divide up the parties’ martial property. Additionally, each party will…
Often, the cause of a divorce can be tied to the most straightforward breaking of marriage vows: cheating. However, as much pain and anger an extramarital affair can cause, and as understandable as it is to want to file for divorce as a…
The new tax law eliminates the tax deduction for alimony payments, potentially making marriages an even more hotly contested and costly process, especially for lower-income couples. Although upper middle class and wealthy households can usually afford higher taxes on alimony payments, those with…
If you are considering divorce, you are likely concerned about your financial state of affairs, especially regarding you and your spouse’s retirement plan. Perhaps one of the most important aspects of divorce, it is vital you do not forget to consider future pensions…
Couples that include a service member often have unique concerns to deal with when it comes to the law and their marriage. This is especially true in divorce. Our New York military divorce attorney wants you to be informed about what you’re potentially…
You can’t get through a divorce until you and your spouse fully consider asset distribution. In the state of New York, this means using equitable distribution to divvy out fair shares, not equal shares, of property, finances, savings, and so on. With this…
Whether for better or for worse, married couples will often wait as long as they can before deciding to end their marriage. But filing divorce papers is often just the beginning of a lengthy divorce process that can take months if not years…
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