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Alimony, also known as spousal support, involves payments from one spouse to another after a divorce to provide financial stability. In New York, the purpose of alimony is to help the lower-earning spouse maintain a similar lifestyle to that enjoyed during the...
During a divorce, one aspect that often requires careful consideration is spousal support. Also known as alimony, one spouse may have to provide this type of financial assistance to the other after a marriage has ended. Before ruling on spousal support, the court...
When it comes to divorce, the duration of the marriage can significantly impact the financial settlement that each party receives. In New York, alimony, or spousal support, is a financial arrangement where one spouse may provide financial assistance to the other after...
The two primary systems for dividing marital assets in the United States are community property and equitable division. The nine community property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin, while the...
During the process of asset division pursuant to a divorce, one spouse might get part of the other spouse's retirement plan. If this is the case, then there is a specific way to process this type of transaction. This article will look at the formal process necessary...
New York State, much like other parts of the country, has its own set of laws concerning child support arrears. Those who owe back child support and reside in the state may want to learn about these rules and how they might affect one's finances. The National...
Divorce can be a messy business, especially when emotions are inflamed. But it is important to remember that passion is rarely the thing that makes the end of a marriage go smoothly. It is also rarely the thing that helps resolve the material factors of a divorce,...
When New York couples who were once in love decide to end their marriage, there's more at stake than just their shattered personal relationship. The division of the property and money they have is also a major factor to resolve. One part of that resolution is deciding...
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