Sunday, July 26, 2015

Personal Injury Attorney


SJK@QHCLaw.com    

      

-----------------

* Learn more about Car Accidents?


* Learn more about Construction Accidents?

* Learn More about Children's Injuries?

Monday, July 20, 2015

New York Creates Statutory Guidelines for Alimony

New York's divorce law received yet another significant overhaul on June 24, 2015, when the New York State Legislature passed a new law, largely going into effect in October, that -- in addition to adjusting income caps and the temporary maintenance formula -- creates a guideline for calculating the amount and duration of "post-divorce maintenance" (i.e. alimony).

Under the new rules, the amount will be similar to pendente lite maintenance, and the duration will be a sliding scale as follows:

    • Length of Marriage      --      Length of Maintenance
    • 0-15 years                    --      15-30%
    • 14-20 years                  --      30-40%
    • >20 years                     --      35-50%
The guidelines allow for substantial deviation within the guideline amounts, and the Courts can deviate from the amounts entirely under appropriate circumstances, but it will be interesting to see how this is actually applied in practice.