Spousal Support

Tax Reform’s Effect on Spousal Support

Posted on January 4, 2018

The Tax Cuts and Jobs Act of 2017, signed into law by President Trump on December 22, 2017, includes a change that will have a big effect on divorcing parties in the coming year. Beginning on January 1, 2019, spousal support, also known as maintenance or alimony, will no longer be deductible for tax purposes.… continue reading

Prenuptial Agreements – Waiver of Counsel Fees and Spousal Support

Posted on January 26, 2015

On December 16, 2014, the Appellate Division, First Department, held in Anonymous v. Anonymous, 350033/12, NYLJ 1202712899921 at *1 (App. Div., 1st, decided December 16, 2014) a counsel fee waiver provision in a prenuptial agreement might be set aside to allow an award of attorneys fees in a divorce where plaintiff was contesting the maintenance… continue reading