Vlog: New York Alimony and Child Support Basics

Vlog: New York Alimony and Child Support Basics

This Vlog is a short chat about the basics of Alimony (called “maintenance” in New York) and child support under the statutory framework. Keep in mind that these are quick explanations of complicated areas that have many exceptions. But I give you the basic run-down on what we are talking about when looking at maintenance and child support figures – a good starting point before any deviations or exceptions!

Questions? Feel free to join in the comments or send me an email.

 

3 Myths About Starting Your Divorce (and the Actual Truth)

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Joan was a mess: tears streamed down her face carrying trails of mascara with them. Her hair was matted in the back and she clenched a bag of papers. “I can’t tell you where we are at here if you won’t hand me what you received,” I reminded her. Reluctantly she showed me the Summons.

“He’s divorcing me!” Joan bawled. “How dare he give me these papers at dinner – it was supposed to be a talk about our future!” Poor Joan had a right to be angry. But there was one, small technical problem: “That wasn’t a valid way to start the divorce,” I told her. Why did I say that? After the jump: Continue reading “3 Myths About Starting Your Divorce (and the Actual Truth)”

VLOG: Let’s Talk About Custody

Custody is one of the most nerve-racking parts of any break-up. In this short chat about custody, I address some common fears and the definition of some common terms (like “best interests of the child” and “forensics”). Plus I give you my #1 top tip in approaching your case.

 

Got a custody tip or question? Join us in the comments or send me a message. 

Vlog: Prenup Season is Here!

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Forget March Madness – Prenup Season is here!

We are a few months out from summer wedding season, which means that the time to talk prenups. Talking about it now will give you time to consider the agreement, negotiations and hopefully not add to the pressure you might be experiencing as the wedding draws near.

Why get a prenup? A typical prenup sets out what is viewed as marital property and what will remain separate property. It addresses who gets financial support and how much.

In this short Vlog I talk about reasons why to get a prenup, reasons why prenups can be overturned, and some interesting things you might want to put in your agreement.

 

Still have questions? Join the discussion in the comments or give me a shout (now, come on and shout now! Heeyyy-eyyy!) to discuss your pending nuptials: mlr@dhclegal.com 

How To Save Money In Your Divorce

The path to success is to take massive, determined action.

Nothing will increase the cost of your divorce case faster than failing to weigh the cost of the fight. Here are my top four tips about what is really worth fighting for and what you need to learn how to let go: Continue reading “How To Save Money In Your Divorce”

Next Year I Will . . . Get Divorced!

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As the holidays wind down, statistics show that the start of the New Year brings a spike in the number of new divorce filings. In fact, divorce lawyers call the first working Monday in January “Divorce Day,” due to the increased number of calls. Best estimates reveal that one in five married couples is considering divorce after the holidays Continue reading “Next Year I Will . . . Get Divorced!”

Interview: Perspectives on Step-Parenting

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My crazy wonderful blended crew!

Building a blended family after a divorce can get complicated. Not only is becoming a step-parent a major emotional commitment but now add in the finances and the dynamics involved in supporting this new expanded family. As a step-parent myself, I know all about this difficult and wonderful journey.

I spoke with MassMutual about the financial concerns when tackling step-parenting. While some tips are obvious (eg. get life insurance), other ideas are more nuanced (consider creating a trust and updating your will).

The article addresses four things that new stepparents should do:

  • Decide how you and your new spouse will manage household finances.
  • Update beneficiaries on insurance policies, bank accounts, and brokerage accounts.
  • Secure or revise life and disability income insurance policies, if needed.
  • Learn how your changed situation will affect your taxes.

You can read the article here and discuss your step-parenting journey in the comments.