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Brett E. Jones, Esq.
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Tax Treatment of Spousal Maintenance II
Will the new federal tax law alter application of New York’s spousal maintenance formula? Last month when we posted about the tax treatment of alimony (called “maintenance” in New York), the new federal tax bill had not yet passed in both houses of Congress. Now it is signed into law. Good news and bad news.
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DIVORCE MEDIATION – Can I also have my own attorney?
The title of the children’s book It Takes a Village could apply just as easily to divorce. Psychologists, social workers and financial advisors all have perspectives that may be useful to divorcing spouses, and many practitioners in these disciplines have successful businesses as divorce coaches. However, one profession that’s often overlooked when choosing a coach is lawyers.
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How is Your Mortgage Affected During Divorce?
DEALING WITH THE MARITAL HOME MAY BE A CHALLENGE IN DIVORCE The website Credit Marvel published an article titled “How is Our Mortgage Affected During Divorce?” that we comment upon here. The article’s text is in regular type; our comments are in italics. Here it is: With all of the changes in the mortgage industry since 2008, divorce affects
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Pendente Lite Motions
“LITE” DOESN’T MEAN LOW-CALORIE Pendente lite. It’s pronounced “pen-den-tay lee-tay” and it’s Latin for “pending the ligation.” The phrase refers to motions made before a court for judicial relief (outcomes) needed by a party during the pendency of a lawsuit, without waiting until it ends. For example, in a divorce the “non-monied” spouse may need to apply
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Collaborative Divorce–A Process Option Whose Time Has Come
WHY COUPLES CHOOSE COLLABORATIVE LAW OVER COURT Kim Ciesinski recently wrote an excellent article in the New York Law Journal explaining the advantages of collaborative law over litigation in divorce cases. She identifies upsides including client-driven negotiation, privacy, emotional guidance and financial expertise. In addition, she characterizes types of couples who tend to choose litigation, mediation and
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Thinking About Divorce–What to Consider First
PERSONAL, FINANCIAL, AND LEGAL CONSIDERATIONS You’re thinking about divorce. It’s a complicated process, whether you look at it emotionally, financially or legally. You are likely feeling all different emotions, sometimes minute to minute it changes – anger, confusion, fear, hurt, maybe nothing. This is totally normal. It is very important though to make rationale, educated,
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Process Differences between Collaborative Law, Litigation and Mediation – The Process Chosen Can Make All the Difference
During a consultation with one of the attorneys in our office, we customarily will review the different process options to divorce. (There are three ways and Lazar & Schwartz does all of them.) As experienced attorneys, we have learned how important it is to educate our clients from the moment we meet, about their options
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High Net Worth Divorces
HIGH NET WORTH NEED NOT COMPLICATE YOUR DIVORCE — IF YOU HAVE THE RIGHT LAWYER Is yours a high net worth divorce? The U.S. Securities and Exchange Commission(“SEC”) defines a “high-net-worth individual” as an individual with at least $1,000,000 managed by his/her registered investment adviser, or whose net worth the investment adviser reasonably believes exceeds $2,000,000. The
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Divorce Options™ Workshops
ISSUES AND INFORMATION, FROM PROFESSIONALS, WITH COMPASSION Divorce Options™ is a public education workshop that addresses the legal, financial, family and personal issues of divorce in an informative and compassionate way. Presented by trained legal, financial and mental health professionals associated with the Hudson Valley Collaborative Divorce practice group, this workshop series aims to give
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Divorce–Now or Later? Or Much Later?
WHEN TO DIVORCE? TIMING IS EVERYTHING. Deciding to divorce is one choice; deciding when to divorce is another. Some seek divorce quickly upon encountering difficulties in their marriage; others wait. That wait might be months, or it might be years. This post covers some timing considerations that come into play for many. While we can outline
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Children’s Needs in Divorce
FEEDBACK FROM CHILDREN OF DIVORCED PARENTS — WHAT WORKS AND WHAT DOESN’T One of our collaborative divorce colleagues interviewed a group of teens and young adults with divorced parents about their thoughts and feelings following the divorce. Their responses may help divorcing parents to make decisions that support their children’s ability to cope with the
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Kindness During Divorce
YOU CAN’T GO WRONG BEING KIND IN DIVORCE — OR CAN YOU? Many couples begin their divorces hoping for a kind and amicable process. Opposing views on this are expressed in these two articles. You, your children, your spouse, even your family and friends may all benefit from kindness during your divorce process. You might
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