Category Archives: Spousal Support

Should Fading Fertility be Covered by Spousal Support?

The field of family law is dynamic. Although divorce remains the dissolution of legal relationship between two partners, the definition of assets, the marital estate and the standard of equitable distribution among parties continues to evolve. A recent article in the New York Times describes a New Jersey divorce matter where counsel for a 38-year… Read More »

I Do Again: Legal and Financial Considerations of Remarriage

After divorce, finding someone new is a common goal – but actually tying the knot again is not. According to SmartMoney.com, fewer than half of divorced women and slightly more than half of divorced men are remarried – and those numbers are dropping. Marriage does offer legal and financial benefits over cohabitation, including the tax… Read More »

Understanding Alimony in New York

In New York, alimony is also referred to as spousal support or spousal maintenance. Because spouses have a duty to take care of each other, even after a divorce, sometimes one party is ordered by the court to pay a specific sum of money to the other spouse for a period of time. The goal… Read More »

Receiving Divorced Spouse Social Security Benefits

Divorce places significant financial stress on separated parties. The old saying that two can live as cheaply as one is not too far from the mark. After a divorce, a couple divides everything and then must support two completely separate households. One positive financial avenue that exists after divorce is that if you are a… Read More »

Temporary Maintenance During Your Divorce

While you are going through a divorce in New York, temporary maintenance may be awarded to ensure that a lower earning spouse has an adequate standard of living during the time it takes to finalize the dissolution of the marriage. Temporary maintenance is the term used in New York law but many people may be… Read More »

Social Security After Divorce: Understanding Your Benefits

With later-life divorce, as I mentioned, there is a need to protect wealth and assets on into retirement. Another key issue is obtaining health insurance after divorce. For clients who are starting out again at 55 or 65, understanding all of the benefits that are available is critically important. Social Security benefits are not often… Read More »

Health Insurance After Divorce

Maintaining healthcare coverage for you and your children The common system of employer-sponsored health insurance can leave you scrambling for coverage after your divorce. Possibly your employer does not provide insurance or you worked as a stay-at-home parent whose only access to the reasonably-priced group insurance rates was through your spouse’s job. Options available on… Read More »

Enhanced Earning Capacity: Reap the Rewards of Your Spouse’s Education

Your commitment to your marriage included your investment in your family’s financial future. In order to increase the financial success of your family unit, you may have sacrificed your own education or career advancement. You now have the right to receive a return on your investment when your partnership dissolves in divorce. The anticipated enhanced… Read More »

Is Your Business Safe? Ten Tips for Protecting Your Business Assets During Your Divorce

After working hard to build a successful business, do not let your pending divorce put your accomplishments at risk. Your spouse may be entitled to an interest in your company and a portion of its assets and profits. Following are ten tips for effectively protecting your business from the damaging effects of dissolution: 1. Rely… Read More »

Spousal Support in New York

When a couple splits up, one of the major areas of dissension that must be addressed is spousal support, which is also often referred to as maintenance or alimony. Marriages of a very short duration generally do not involve an award of spousal support. The requirement that one spouse pay the other spousal support, whether… Read More »