Spousal Maintenance / Alimony

Alimony or Spousal Maintenance for Spouses

Technically called spousal maintenance in New York, alimony is the financial assistance given to a spouse in need of financial support following a divorce. It is no longer a lifetime stipend, but it is intended to give assistance to a dependent spouse seeking financial independence. The courts do not use any specific formula in calculating alimony. They use a variety of factors to determine a fair amount of financial support.

At the Law Offices of Joy Y. Frank, located in White Plains, New York, we can assist you and your spouse in reaching an agreement that reflects an appropriate award. Our firm will discover the applicable incomes and financial assets of spouses. We strive to ensure spouses have enough financial support to maintain a comfortable lifestyle. To learn more, contact Westchester County attorney Joy Y. Frank to schedule an appointment.

Calculating Alimony / Spousal Support

New York spousal maintenance law affords the court a great deal of discretion when awarding alimony. A major consideration examined by the court is your family's lifestyle during the marriage. Other factors courts examine include:

• The respective needs of your spouse and yourself
• The ability to pay alimony
• The duration of the marriage
• Respective income, education, and health of your spouse and yourself
• Child custody and support expenses
• Property division and amount

Discovering Assets and Incomes

One of the more complicated issues related to alimony disputes is determining the exact income of your spouse. For spouses who own businesses, real estate investments, and assets, this can be difficult. In a statement of net worth, your spouse must list their expenses, incomes, and assets. We closely examine financial transactions to make sure your spouse discloses all relevant financial information to you and the court.

If you are concerned about alimony and spousal maintenance, contact a lawyer at the Law Offices of Joy Y. Frank to learn more. Our firm represents people throughout New York, including people in Yonkers and Westchester County. Alimony is different than palimony. Get in touch with us to learn the difference.