In Newsday June 26, 2013, was a tragic case whereby a woman settled a divorce for a paltry $12,000,000. It may not sound tragic, however, her attorney agreed a certain building was worth only $7,700,000 (a well known Garden City law firm). The building sold for $84,500,000.00 immediately after the divorce was over. Thousands of pages worth of legal papers;…
Hire Bryan L. Salamone and Associates. Divorces often require complicated financial calculations. Finance isn’t part of any law school curriculum. It’s become a huge problem. Bryan L. Salamone & Associates often takes clients who have been represented by firms who don’t have the fiscal know-how to handle their divorce. Ask yourself these questions: Does my lawyer own a business? Does…
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 spouse who was a low…
Divorcing after many years of marriage is a growing trend with some statistics indicating that the rate of divorce for people over the age of 50 has doubled since 1990. There is even a name for this new trend: gray divorce. Divorcing later in life can bring a complicated set of circumstances into the process. As people grow older, they…
Divorce affects all who are touched by it and grandparents are among those likely to be injured. Grandparents are often left out in the cold in terms of custody and visitation. While many jurisdictions are slowly granting grandparents rights to see their grandchildren, New York is far from being on the cutting edge in this area. Nonetheless, New York does…
In New York State, generally, a child must be supported until the age of 21. However, there are a number of exceptions to this rule. When a child has not reached 21, but is supporting himself or herself, or is in the military or has married, the obligation to pay child support ends. Another situation that may merit the cessation…
One of the many trying aspects of getting a divorce involves revelation of all the finances of both spouses. A financial affidavit is a formal document that lists what you owe, what you earn at your job and from other sources and what your expenses are. It provides a complete financial picture for your attorney to work with in negotiating…
Getting a divorce can leave you emotionally wrung out. Even a divorce that is conducted with little dissension can cause the parties to question their judgment and be filled with remorse. Sadness, grief, anger, and depression are common. One important thing to remember is that many others have experienced exactly what you are feeling. Some ways to cope with a…
One of the reasons people stay together long after they should is fear of the divorce process. Do not let your fear of the unknown legalities of divorce prevent you from moving forward with your life in a more positive manner. Being trapped in an empty marriage is no way to live. The process of obtaining a divorce can seem…
Divorce law falls under the umbrella of family law. Very few people are able to effectuate a divorce without the assistance of a lawyer, as this is rarely possible or practical. The best way to protect your rights and your relationship with your children is to seek out the assistance of an attorney who handles family law on a daily…