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January 2016 Archives

What divorce can and cannot do

Many New York individuals only have second-hand experience with divorce. However, no amount of second-hand experience can ever prepare someone for what a divorce truly entails. Several aspects have to be considered when dissolving a marriage, including establishing how property should be divided, finding new living arrangements and possibly not seeing one's children as frequently -- the ramifications of divorce are not to be taken lightly. Therefore, it is prudent to understand what a divorce can and cannot do in order to set realistic expectations for the process.

Modifying child support payments

Child support arrangements ordered by a New York divorce court can sometimes prove to be unfeasible. The reasons vary, but this typically occurs when one of the individuals loses his or her job, suffers a serious health issue or experiences a significant change in income or even marital status. When one of these examples occur, it is common for individuals to seek a child support modification.

Child support and taxes: how it affects noncustodial parents

Income, as well as child custody arrangements, are both considered significant factors when the amount of child support awarded is determined as well as the resultant tax obligations for income tax. Since income, custody and child support are all closely connected, responsibilities for child support can affect the noncustodial parent once it is time to do taxes. This article answers some of the more typical questions that noncustodial parents in New York might have regarding how child support will affect them come tax time.

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