Many alimony awards take on the common form of one person paying to their former spouse monthly payments of money. These payments can go on indefinitely or they may end after a certain amount of time or the achievement of self-sufficiency for the recipient party....
Month: September 2018
Does child support have to cover a child’s college expenses?
The laws of New York require that parents subject to child support agreements and orders financially provide for their kids until they reach the age of 21. While marriage, enlistment in the military and other actions may emancipate children from the financial support...
The role a prenuptial agreement may play in a New York divorce
Not every couple that chooses to get married will elect to draft and execute a prenuptial agreement before formalizing the relationship between the partners in marriage. Those that do, though, create contracts that can dictate how certain financial and property-based...
What is non-marital property?
The courts of New York follow equitable distribution laws when it comes to dividing up marital property. Past posts on this blog have discussed how these laws seek to preserve fairness in the division and assignment of marital assets. However, marital property is only...
How to schedule a 50-50 parenting plan
Many parents who get a divorce discover that they can benefit from a 50-50 parenting plan in which each parent shares the joy of caring for their children 50 percent of the time. Children will have two homes and live with both parents an equal amount of time with this...