Your ex-spouse claims his or her business isn’t doing well and he or she cannot afford to keep paying the same amount in child support. He or she reduces child support payments without consulting you or going to court. Can your ex-spouse do that? The answer is no. Child support in New York is … [Read more...] about Can Your Ex-Spouse Reduce Child Support Payments in New York?
How Can You Verify Your Spouse’s Income for Child Support and Spousal Support Purposes?
If you are getting divorced, you and your spouse will have to share information about your respective incomes for purposes of determining child support and spousal support if applicable to your situation. Both types of support are calculated as a percentage of income using a specific formula … [Read more...] about How Can You Verify Your Spouse’s Income for Child Support and Spousal Support Purposes?
New Caps for Calculating Spousal Support and Child Support in New York
New York utilizes a formula when calculating spousal support and child support. While spouses can still negotiate the issue, the law provides the guidelines the court will be using in determining the support award in the absence of an agreement. For both spousal and child support, a standard formula … [Read more...] about New Caps for Calculating Spousal Support and Child Support in New York
Is Income from a Trust Fund Used in Calculating Spousal or Child Support?
Under New York law, spousal support and child support are determined based on a statutory formula that looks at the income of both parties. When one party has a trust fund, an issue that can arise is whether the income from the trust can be used in calculating spousal or child support. The answer to … [Read more...] about Is Income from a Trust Fund Used in Calculating Spousal or Child Support?
How Is Spousal Support and Child Support Determined When One Spouse is Self-Employed?
When couples divorce, often there are ongoing support obligations. One spouse may be entitled to spousal support or, if the couple has minor children, child support will be awarded. The amount of spousal support and child support is calculated based on a statutory formula that looks at the income of … [Read more...] about How Is Spousal Support and Child Support Determined When One Spouse is Self-Employed?
New York Extends Child Support for Adults with Developmental Disabilities
Effective immediately, New York joins 40 other states in expanding the child support obligation of parents of developmentally disabled adults. Prior to this change, child support payments ended at 21. Now, a parent can receive support until the child is 26 if the requirements of the law are … [Read more...] about New York Extends Child Support for Adults with Developmental Disabilities