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
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?
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?
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
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?
In many divorces, one spouse gets spousal support or alimony from the other. In New York, spousal support is calculated using a formula established by statute, although there is still room for the parties to negotiate the amount paid. The formula varies depending on whether the payee spouse is also … [Read more...] about Will Your Spousal Support Increase Once Child Support Payments End?