Understanding The Basics Of Spousal Maintenance
New York has set guidelines for calculating the amount of spousal maintenance (commonly called “alimony”) that the higher-earning party will pay to the lesser-earning party, if appropriate, during the pendency of a divorce proceeding.
At Cohen & Lombardo, P.C., our Buffalo-based team of attorneys has extensive and detailed knowledge about the guidelines and how to protect our clients’ financial interests. Depending on whether we are representing the payer or payee, we can utilize various strategies to attempt to minimize or maximize the payments. Our law firm also handles modification requests for clients who need to adjust the terms of an existing order.
Alimony Awards In High-Income Situations
Determining maintenance payments becomes more challenging when the payer’s income exceeds $543,000* a year. In these situations, the court has the authority to adjust the amount based on 19 different factors. These factors include the length of the marriage, the standard of living to which both parties have become accustomed, the parties’ ages and health and other considerations.
Many Decades Of Experience And Attentive Service Make Us A Strong Choice
Serving the Buffalo community since 1933, Cohen & Lombardo, P.C., has resolved countless divorces involving spousal maintenance concerns and other financial issues. Past clients often refer friends and family to our law firm because of our record of results. Clients also appreciate the fact that we are responsive and return messages promptly.
Our firm is small enough to offer the personalized attention that you deserve, yet we are large enough to muster the resources necessary to resolve even the most complex divorce disputes. Our attorneys collaborate with one another on challenging matters, but you will always deal with the same lawyer from the beginning to the end of your case.
Contact Us To Learn More
We invite you to learn more about how the spousal maintenance laws in New York will affect you and how to protect your interests. Call Cohen & Lombardo, P.C., in Elmwood Village and Amherst: 716-262-8428. You can also reach us online.
*As of 2014
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