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The Divorce Report

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Your Pre-Nup May Be A Ticking Time Bomb

Your Pre-Nup May Be A Ticking Time Bomb
Your New York pre-nup may be a ticking time bomb.  Because of last year’s changes to the tax law, a divorce could be much more costly than you bargained for in your prenuptial agreement.  The good news is that you still have time to disarm the bomb. Historically, maintenance in New York (alimony everywhere else)…
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Wives in New York Paying Maintenance and Child Support

Wives in New York Paying Maintenance and Child Support
The times they are a changing. It is now increasingly common to hear ex-wives complain about the amount of spousal maintenance and child support they are paying to the ex-husbands. For years, men were ordered to both pay both spousal maintenance and child support as part of their New York divorce.   But, the pendulum has…
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Statement of Net Worth In New York Divorces: Mandatory Financial Disclosure

Statement of Net Worth In New York Divorces: Mandatory Financial Disclosure
Twice in the last month, the tabloids made much ado about well-known divorcing couples demanding financial disclosure early on in their divorces.     In both the Rudy Giuliani and Donald Trump, Jr. divorces,  both husbands demanded that their soon to be ex-wives produce a Statement of Net Worth causing the press to sound the alarm that…
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Social Media in New York Divorce: Just Stay Off!!

Social Media in New York Divorce: Just Stay Off!!
Everything you put on Facebook or other social media may be used as evidence against you in a divorce in New York.   We have long known that the posts that are actually published or made public could be discovered and used against you, but New York’s Court of Appeals just ruled that even private postings…
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New York Prenups: Not Just Protection From Gold-Diggers

New York Prenups: Not Just Protection From Gold-Diggers
Eighteen years, eighteen years She got one of yo kids got you for 18 years I know somebody paying child support for one of his kids His baby momma's car and crib is bigger than his You will see him on TV, Any Given Sunday Win the Superbowl and drive off in a Hyundai She…
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Tax Bill To Make Divorce More Expensive: Maintenance Not Tax Deductible

Tax Bill To Make Divorce More Expensive: Maintenance Not Tax Deductible
Hard to believe, divorce in New York may get even more expensive. The tax bill proposed in the House of Representatives, last week, seeks to eliminate the deduction for alimony payments. The new tax law attempts to eliminate what has been called a “divorce subsidy.” Under the existing law, the party paying alimony may deduct…
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WE ARE OPEN FOR BUSINESS DURING THE CORONA VIRUS PANDEMIC
We are available and prepared to address all your divorce and family questions during the coronavirus crisis. Contact us to schedule a video or telephone consultation to discuss your questions about divorce, separation, child custody or even pre-nuptial agreements In addition to providing traditional divorce and family law representation, during this crisis period, we will be focused on delivering rapid-response legal and mediation services to clients facing emergency financial and child-related issues.
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