November 06, 2012 (Press-News.org) New York State Appellate Court Gives Insight on Calculation of Alimony
A recent ruling by a New York appeals court provides divorce attorneys in the state with guidance on the new version of the Domestic Relations Law, which sets out a formula to calculate temporary spousal maintenance. The new version of the law differs from the old in that it requires judges to follow a formula rather than determining a temporary spousal amount that "justice requires."
Under the updated Domestic Relations Law, judges are supposed to determine the presumptive amount of alimony according to mathematical formulas set out in the statute, and the alimony calculation is based on both of the former spouses' income as determined by their tax returns. Under the law, where the payor's income exceeds $500,000, the court can determine spousal maintenance beyond the amount set out in the formula but it must provide an explanation why it is appropriate.
In the divorce case the appeals court reviewed, the trial court ordered the former husband to pay his ex-wife $13,870 per month in spousal support and make additional monthly payments of $5,317 for mortgage payments and $855 for health care expenses. However, the ordered amount was more than the amount determined under the formula, which was $11,500. According to the appeal courts, while the former husband's income exceeded $500,000 and so could be ordered to pay more than the formula under the law, the court failed to explain why the increased spousal maintenance amount was warranted.
The appeals court rejected the trial court's alimony order and sent the case back to the trial court. The appeals court directed the trial court to provide an explanation if it awards a spousal maintenance amount beyond the amount provided in the formula.
The appeals court also ruled that spousal maintenance amounts determined under the updated law must cover all basic living expenses, including mortgage and health care costs. Mortgage, health care and other living costs cannot be tacked on outside of the calculated spousal maintenance award.
The new version of New York's spousal maintenance law is supposed to provide consistency and predictability in the calculation of temporary spousal maintenance. With the additional guidance from the higher court, divorce attorneys and their clients may be able to better predict how New York courts will decide alimony decisions.
If you are considering divorce in New York, contact an experienced family law attorney who can help determine support obligations or rights.
Article provided by The Law Office of Keith B. Schulefand, Esq.
Visit us at http://www.schulefandlawoffice.com
New York State Appellate Court Gives Insight on Calculation of Alimony
A recent New York appeals court decision provided guidance on the calculation of spousal maintenance under the state's updated alimony law.
2012-11-06
ELSE PRESS RELEASES FROM THIS DATE:
Protection Orders in New York May Overlap in Family and Criminal Court
2012-11-06
Protection Orders in New York May Overlap in Family and Criminal Court
The Cashman stalker case has put protection orders in the news across New York. The case stemmed from criminal court, but the Cashman case also had implications for his family. Brian Cashman, the general manager of the New York Yankees, filed for a protective order against Louise Meanwell for allegedly stalking Cashman over the internet, sending threatening text messages and attempting to extort Cashman for $15,000. Since Cashman and Meanwell are not married, the case brings up important questions ...
New Jersey Supreme Court Interprets Fair Foreclosure Act
2012-11-06
New Jersey Supreme Court Interprets Fair Foreclosure Act
On February 27, 2012 the New Jersey Supreme Court issued a decision in the case US Bank National Association v. Guillaume, in which the court had to interpret the notice requirements of the state's Fair Foreclosure Act. Some homeowners brought suit against U.S. Bank, claiming they did not receive requisite notice under the law prior to the lender filing foreclosure, but the court disagreed with the homeowners.
New Jersey's Fair Foreclosure Act
Legislators intended New Jersey's Fair Foreclosure Act to be a ...
Mortgage Foreclosures Rising in New Jersey and Across the US
2012-11-06
Mortgage Foreclosures Rising in New Jersey and Across the US
For a time at the end of 2010 and beginning of 2011, it looked like the U.S. housing market was starting to show signs of recovery from the foreclosure crisis that hit the country after the 2006 real estate bubble burst. However, a new government report suggests that mortgage lenders are aggressively resuming foreclosure activity in New Jersey and across the U.S., after having paused due to legal troubles.
Foreclosure Statistics
A report by the Office of the Comptroller of the Currency issued in December ...
How Bankruptcy Affects Inherited Assets
2012-11-06
How Bankruptcy Affects Inherited Assets
Many people experiencing overwhelming financial difficulty wrestle with the decision of whether to file bankruptcy. The situation can become even more complex when people believe they will be getting an inheritance in the near future. People in California and across the U.S. should know how Chapter 7 bankruptcy treats inherited assets.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is primarily used to discharge certain debts and can even be used to protect property from creditors. The bankruptcy discharge eliminates the personal ...
Medical Expenses Often Lead to Bankruptcy
2012-11-06
Medical Expenses Often Lead to Bankruptcy
A number of New Jersey residents struggling in this tough economy have chosen bankruptcy as a way to deal with financial problems. Bankruptcy filers might be stereotyped as irresponsible overspenders, but many people who turn to personal bankruptcy are the victims of bad luck in the form of an expensive illness. According to the Centers for Disease Control and Prevention, in 2011 one in five American families faced problematic medical bills they could not readily pay.
Excessive medical bills are even more likely for women. ...
California Legislator Alleges Constitutional Violation in DUI Stop
2012-11-06
California Legislator Alleges Constitutional Violation in DUI Stop
On March 27, 2012, police arrested Assemblyman Roger Hernandez on suspicion of driving under the influence after they stopped him for allegedly weaving in his lane. Hernandez claimed that police violated his constitutional rights during the stop and asked the judge in his case to throw out all of the evidence police collected after the supposed constitutional violation.
Acquitted of DUI Charges
Hernandez told officers that he had only two glasses of wine over a period of five hours before he was ...
Watch for Ways Divorce May Be Impacting Children
2012-11-06
Watch for Ways Divorce May Be Impacting Children
Parents who go through divorce understand the emotional turmoil the event can bring to a person's life. They need to start over as single people and figure out how to keep communicating with their former spouses in order to raise their children despite the fact that the marriage did not work. Adjusting to life as a single parent can be overwhelming, and in the midst of the changes parents may not consider how their children handle divorce. Parents in Oklahoma and across the U.S. should be aware of some of the ways that ...
New Immigration Policy: Deferred Action for Childhood Arrivals
2012-11-06
New Immigration Policy: Deferred Action for Childhood Arrivals
Recently, President Obama authorized the Deferred Action for Childhood Arrivals policy that allows certain undocumented immigrants to temporarily remain in the United States and be granted work permits. As many as 1.7 million young immigrants may be eligible to qualify under the policy.
While DACA allows eligible individuals to work legally in the U.S., the policy does not provide a path to citizenship. Some immigrant advocates and critics of the policy warn that coming forward under the DACA may expose ...
Prenuptial and Postnuptial Agreements in California
2012-11-06
Prenuptial and Postnuptial Agreements in California
Article provided by Simon, McKinsey, Miller, Zommick, Sandor & Dundas A Law Corporation Visit us at http://www.irvinefamilylawyers.com
Prenuptial agreements are becoming more commonplace and are not just for the rich and famous. Anyone owning assets, whether business or personal, can benefit from a prenup prepared prior to his or her marriage. Such agreements help couples in the event of divorce or death, and there are many reasons you may want to have one created:
-Retain family heirlooms for blood relatives
...
The Preiss Company Featured in Current Goldbook Featuring the "Titans" of Student Housing
2012-11-06
The Preiss Company is proud to announce its recent inclusion in The Goldbook of Student Housing 2012, an easy-to-use, one-stop resource guide that contains every firm active in the student housing sector. Published by Student Housing Business Magazine, The Goldbook is currently in its second year of print.
The Goldbook lists company profiles by sector: Owners/Investors/Developers, Managers/Operators, Investment Sales Brokers, Lenders/Financial Intermediaries, Architects, Contractors, and Vendors. The Preiss Company was included in the publication's profiles of the largest ...
LAST 30 PRESS RELEASES:
HKUST discovers novel elastic alloy achieving 20x temperature change and 90% carnot efficiency in solid-state heat pumping
Early prediction of preterm birth in cell-free RNA may revolutionize prevention strategies
Largest phase 3 trial of novel treatment for hypertension shows promising results
European regulation needed to prevent the birth of children with inherited cancer-causing genetic mutation after sperm donation
Assembly instructions for enzymes
Rice geophysicist Ajo-Franklin wins Reginald Fessenden Award for pioneering work in fiber optic sensing
Research spotlight: New therapeutic approach stops glioblastoma from hijacking the immune system
‘Hopelessly attached’: Scientists discover new 2D material that sticks the landing
Flowers unfold with surprising precision, despite unruly genes
Research spotlight: Study provides a window into public perceptions about technological treatment options for brain conditions
Sound insulation tiles at school help calm crying children #ASA188
More young adults than ever take HIV-prevention medication, but gaps remain
Why are some rocks on the moon highly magnetic? MIT scientists may have an answer
Unique chemistry discovered in critical lithium deposits
Numerical simulations reveal the origin of barred olivine crystals in early solar system
Daytime boosts immunity, scientists find
How marine plankton adapts to a changing world
Charge radius of Helium-3 measured with unprecedented precision
Oral microbiota transmission partially mediates depression and anxiety in newlywed couples
First vascularized model of stem cell islet cells
US excess deaths continued to rise even after the COVID-19 pandemic
Excess US deaths before, during, and after the COVID-19 pandemic
Millions of HealthCare.gov participants face coverage loss due to burdensome reenrollment policies, according to new research
Study: DNA test detects three times more lung pathogens than traditional methods
Modulation of antiviral response in fungi via RNA editing
Global, regional, and national burden of nontraumatic subarachnoid hemorrhage
Earliest use of psychoactive and medicinal plant ‘harmal’ identified in Iron Age Arabia
Nano-scale biosensor lets scientists monitor molecules in real time
Study shows how El Niño and La Niña climate swings threaten mangroves worldwide
Quantum eyes on energy loss: diamond quantum imaging for next-gen power electronics
[Press-News.org] New York State Appellate Court Gives Insight on Calculation of AlimonyA recent New York appeals court decision provided guidance on the calculation of spousal maintenance under the state's updated alimony law.