Remaining in the marital home with minimal disruption to the children is a popular choice that many of our clients make. It doesn’t just help the children, either. In the current real estate market, it may just make sense to wait to sell until conditions improve, possibly several years down the road. By retaining the […]
Daily Archives: April 15, 2014
No, you certainly don’t have to sell your house, but it’s an option. New York requires only the “equitable distribution” of assets, but how you arrive at equitable is largely up to you and your spouse. If you want to retain your home and your spouse doesn’t, you can arrange a financial settlement that pays […]
Generally, child support is calculated as a percentage of the non-custodial parent’s income. Among high earning families, or families where one parent earns the lion’s share of income, the court has discretion in how it calculates the child’s needs. For instance, in a situation where a non-custodial parent earns about $50,000 a year, as does […]
New York courts use a concept known as “equitable distribution” when it comes to dividing assets at the end of a marriage. But there are some things to know before you start divvying up property. If you came into the marriage with assets like real estate or other goods, those are considered “separate property,” and […]
Grounds for divorce used to play a much more significant role in the final settlement, but today, the courts are less interested in adjudicating which party in a divorce action was worse at being a spouse. If you had an affair and your spouse knows about it, it’s likely that it’ll come up. Whether it […]