Divorces in New York have gotten a lot more costly for those receiving alimony. Recent changes in the allocation of spousal support went into effect earlier this year (2016), causing many to rush and file for divorce. Those who failed to meet the deadline now realize just how much doing so has cost them. In fact, depending on earnings, some are receiving over $100,000 less per year than they expected.
Following are some of the most common New York alimony questions and their answers.
1. When did the changes take effect?
January 23, 2016
2. What is the maximum cut in support?
The total reduction of spousal support is up to $9,200 per month or $110,400 per year.
3. What is the new salary cap?
Before this year, New York courts based support payments on income up to $543,000. On January 23, 2016, they reduced this amount to $175,000. Under the prior calculation method, those due spousal support received $13,500 per month if their spouse earned $543,000. The changes mean this same person receives only $4,375.
4. Did the maximum time to collect alimony change?
Yes. Formerly, someone married for five years could get alimony for ten years. Now that same individual is only entitled to three years of support.
5. Do men often receive alimony?
No. Across the nation, men account for a mere three percent of alimony recipients. So, the changes will adversely affect more women than men.
6. Why did the state change spousal support laws?
First, they wanted to shorten the length of time people can get support from another. Providers were being burdened beyond fairness in some cases. Second, the goal was to limit the amount that the lower-earning spouse can receive from the higher earner.
Get compassionate legal advice
As seen here, the modifications to New York spousal support law are quite drastic. To further understand your right to spousal support following a divorce, contact The Law Office of Keith B. Schulefand for experienced advice.