Child support obligations are a frequent source of disputes among divorcing and divorced parents. Even when the amount of support has been settled, there may be subsequent problems collecting the money. Fortunately, New York law provides an administrative mechanism that allows a parent to enforce a … [Read more...] about Can Child Support Payments Be Deducted from a Parent’s Wages?
When one spouse in divorce is determined to withhold financial information, it makes the process more contentious, expensive and time-consuming. Fortunately, the law provides several avenues to obtain those records. As discussed in a prior post, How Can You Obtain Financial Records in Divorce?, … [Read more...] about How Do You Enforce a Subpoena for Financial Records in Divorce?
It is not unusual for a spouse to have independent finances that the other spouse does not know everything about. While the couple may not have seen this as a big concern during marriage, once they decide to divorce, it becomes very important. Full disclosure of each party’s finances is essential to … [Read more...] about How Can You Obtain Financial Records in Divorce?
Once a divorce action is filed, the couple’s financial relationship changes even though the marriage is still intact legally. This has important ramifications for both parties as it affects what is considered their income, expenses and assets. Generally, filing for divorce begins the process of … [Read more...] about What Are Your Obligations to Maintain Property During the Divorce Process?
Generally, New York courts favor allowing spouses to resolve their divorce disputes on their own. As a result, if you signed a settlement agreement with your former spouse, a court will most likely enforce it. However, your divorce settlement agreement can be challenged or set aside if you can … [Read more...] about Can You Challenge or Set Aside a New York Divorce Settlement Agreement?
When one spouse owns a business in his or her name only, the other spouse is still entitled to a share in the value of the business in divorce. The rules governing how that share is calculated is set forth in New York statutes. The law considers various factors including when the business was … [Read more...] about How Do Indirect Contributions to a Business Affect How the Business is Divided in Divorce?