Family Law Changes in Queens, NY: Should You Get Divorced Now?

A new law passed in New York will change the way that alimony is calculated in divorces. The law, which will go into effect in January, has many divorcing couples wondering whether they should push for divorce in December. On January 25^th, income that can be used to consider spousal support will be capped at $175,000 down from the previous $524,000. For individuals seeking alimony who have high net worth, these are big changes.

Women’s groups often criticize alimony reform because women often are the ones who suffer financially. Women are more likely to give up high-earning career opportunities to raise children or support a spouse’s career. Critics of alimony reform claim that limits on alimony fail to take into account the value of women’s non-financial contributions to a marriage.

The new law favors the spouse with money and these individuals may want to wait until the new law takes effect to file for divorce. For individuals who may be seeking alimony, the time to file may be now. Finding a qualified divorce lawyer in Queens, NY to handle your case is important. Visit the website of Charles Zolot at www.zolotlaw.com for more information. 

One family lawyer speaking to CNBC explained that once the law goes into effect, individuals in high-earning households may face major lifestyle changes should they choose to get divorced. Those who have been out of the workforce for decades will likely face the biggest hit.

New York’s alimony law changes are part of a larger trend for alimony reform across the country. As more women participate in the workforce, alimony seems to be more of a vestige of an older era. Yet, women often face many challenges in terms of getting equal pay with men, largely due to the time they must take away from work to raise children.

New York Post predicts that divorce courts in December might see longer lines due to the changed law. The law could reduce some individuals’ monthly support by as much as $9,200 per month.

 Family lawyers estimate that the law will most affect Manhattan moms between the ages of 45 and 55, who have not been in the workforce.

If you are considering getting divorced, now may or may not be the time to act. Speak to Charles Zolot afamily law attorney in Queens, New York  to learn about your best options.