When a child reaches the age of 18, child support ends in most states. In New York, however, the cut-off age -- also known as the age of majority -- for child support payments is 21. The age of majority is the established legal age in state law when a child is no...
Serving Rome, New York residents with legal issues
Michael G. Putter, Attorney at Law
Dealing with the family home in divorce, P.2
In our last post, we began looking at the issue of dividing the family home in divorce. As we noted last time, one of the important issues parties need to sort out when dealing with the family home is who wants to take the property, and whether the party or parties...
Dealing with the family home in divorce, P.1
In recent posts, we’ve looked a bit at some of the factors judges consider when dividing marital property in divorce. One of the most important assets couples have to their name at the time of divorce is their home, and determining how to divide family home can...
How do I transfer 401k benefits in a divorce without penalty?
Employers often offer 401k plan options. Under some plans, employers will match any money you put into the plan up to a certain amount, commonly between 2 and 6 percent. A major benefit of these plans is that you put money in tax-free and allow it to grow over time....
Looking at property division factors in New York divorce cases
In our last post we began speaking about the issue of property division in the absence of a prenuptial agreement. The fact is, property division will happen no matter whether a couple has an agreement or not, but division will not occur on the couple’s terms if...
How do New York judges divide property in absence of agreement?
Property division is an important aspect of divorce, and an issue that can be the source of much controversy in the dissolution process. Because of the potential financial loss married people can face in divorce, more people are turning to marital agreements to...
