As the noncustodial parent, you will likely owe child support. The amount is generally established based on New York child support guidelines calculations, with some room for negotiating a fair monthly amount. In addition, you can negotiate with your spouse to reduce your future tax liability. The actions you take during mediation can put more money in your own pocket…
When your children’s other parent lives outside of New York, determining which state has jurisdiction to rule on the establishment, collection and enforcement of child support payments can complicate the process of getting the money you are owed. The Uniform Interstate Family Support Act (UIFSA) addresses this issue so you know which order to follow and which court to petition…
For whatever reason, divorce law firms have remained small in New York. Firms that exclusively handle divorce and divorce-related issues (with no other areas of practice) have remained small often only consisting of only a few attorneys. Bryan L. Salamone & Associates, P.C. has more than 10 attorneys and maintains a total staff of over 20 individuals practicing only in…
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 earning capacity of your spouse…
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 on your prenuptial agreement —…
You both deserve part of your marital home, but you cannot cut a house down the middle. Splitting the equity in your home requires strategic planning and creative thinking. Common solutions include: Selling your home and dividing the equity Buying out your spouse with cash or other assets Accepting other property in exchange for the home from your spouse Renting…
As you divide your household during a divorce, you must also determine how to share in your parenting duties and rights. Mediation can help you arrive at a satisfactory child custody arrangement. As with litigation, thorough preparation for your mediation session is essential to achieving your objectives. Here are four tips to help you prepare. 1. Know your goals Knowing…