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Before Choosing a Family Law Attorney or Divorce Lawyer

Before Choosing a Family Law Attorney or Divorce Lawyer

If you’re considering getting divorced, working with a Long Island family law attorney or divorce lawyer is critical. Your attorney can be a great asset to you if you select the right one. Here’s what to understand about choosing a divorce attorney:

Long Island Divorce Options

Before selecting an attorney to represent you in your divorce, it’s important to understand what options are available to you and to have realistic expectations of the entire process. If you choose a family law lawyer who is skilled in divorce mediation because you want to resolve your divorce amicably, but your ex-spouse contests nearly every aspect of the divorce, you could be stuck litigating a settlement with an attorney who doesn’t have the expertise to represent you in the courtroom.

Here’s what you need to know about aligning your options for divorce with your goals and your current situation to choose a Long Island divorce lawyer that best fits your needs: (more…)

5 Things Parents Should Ask For in a Long Island Divorce

5 Things Parents Should Ask For in a Long Island Divorce

Knowing how to ask for provisions that your family will need both during the divorce process and after isn’t often easy. If you’re a parent going through the process of divorce, or even if you’re simply considering your options, you may not know where to start. The first step is understanding what you need in the divorce and why you need it. (more…)

How is Alimony Taxed on Long Island?

How is Alimony Taxed on Long Island?

Alimony, also called “spousal maintenance” on Long Island, is a payment usually made from the higher earning spouse to the other to replace a portion of lost income until the lower earning spouse is able to financially support themselves independently. Often, one spouse will give up career opportunities while the other pursues theirs to keep the home and/or take care of children, leaving them at a distinct financial disadvantage in the event of a divorce. Spousal maintenance was originally designed to bridge that gap, and since its inception, many laws have been created to govern how and when alimony is paid and taxed. (more…)

Why You May Need a Forensic Accountant for Your Long Island Divorce

Why You May Need a Forensic Accountant for Your Long Island Divorce

Finances are one of the most common issues in a Long Island divorce, and even more so in a high net worth divorce. You and your soon-to-be-ex-spouse must fully disclose your assets, and if one of you is found hiding assets, you could face serious penalties. Often, one spouse will hire a forensic accountant if they believe their spouse may hide assets to avoid paying as much in the divorce settlement and later in spousal support (alimony)  or child support.

However, whether you believe your spouse has the propensity for dishonesty or not, if there’s a lot of money at stake, a forensic accountant can prove helpful. Here’s what you need to know. (more…)

5 Reasons Long Island Prenuptial and Postnuptial Agreements Could Be Found Unenforceable

5 Reasons Long Island Prenuptial and Postnuptial Agreements Could Be Found Unenforceable

Traditionally, a premarital agreement (prenup) is signed by both parties before the wedding. A postnuptial agreement (postnup) is similar, however, it takes place after the wedding. These agreements are designed to protect the assets of each individual entering the marriage and provide a guide as to how property should be allocated and if alimony or spousal support will be paid and under what conditions, among other things. However, a prenup or postnup needs to be valid to be enforceable on Long Island. Here are 5 reasons your prenup or postnup could be found unenforceable. (more…)

Lost Your Job? Can You Reduce Your Child Support or Alimony Payments?

Lost Your Job? Can You Reduce Your Child Support or Alimony Payments?

Once you’ve been ordered to pay child support or alimony by a Long Island court, there are very few circumstances in which you can stop or even lower your payments. One of these is if you lose your job. However, this does not mean that as soon as you lose your job that you can simply stop making child support or alimony payments — doing so could cause you a great deal of trouble. Here’s what you should do if you’re making child support or alimony payments on Long Island and lose your job or receive a reduction in salary. (more…)