Category Archives: Spousal Support
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 »
What Is a Palimony Action?
Palimony is spousal support for couples who are united through common law marriage. A common law marriage is marriage that occurs when two people in a relationship cohabitate a dwelling for an extended period. New York has no common law marriage. As a result, no matter how long two people live together in the state,… Read More »