Skip to main content
Legal Services

Child Support in New York

Child support in New York is determined by the Child Support Standards Act . The CSSA provides a formulaic approach to determining the appropriate amount of basic child support to be paid, in periodic payments, based upon the incomes of the parents. Each party’s income is reduced by FICA taxes. In addition to a basic child support obligation, the CSSA…
vzadmin
June 16, 2023
Legal Services

The Statement of Net Worth

After the initiation of a divorce proceeding, the next stage in any divorce and arguably, the most important, is discovery. In the context of a divorce, this generally starts with each party exchanging a Sworn Statement of Net Worth or Financial Affidavit. This is the most important discovery tool in the context of a divorce. Statement of Net Worths are…
vzadmin
June 15, 2023
Legal Services

Distribution of Property in New York State

New York State is an “equitable distribution” state, rather than a community property state. This means that all marital assets, as well as debt, are divided equitably, or “fair” in New York State. Equitably does not necessarily mean equally. Assets and debt are divided into two separate categories: Separate Property, which includes anything that was acquired before the marriage; inheritances…
vzadmin
June 14, 2023