New York Alimony
Secondary MENU

New York Alimony

For New York alimony, it is driven by the interpretation and the whims of the courts.

There are however creative ways to bend the system in your favor. Alimony in New York is subjective.

New York Alimony can be tricky. Alimony is one of the most controversial subjects in a divorce.

Most guys are okay financially supporting their wife when they're married, but those same men are outraged being forced to financially support an ex-wife.

Why do the New York courts grant alimony? Generally to correct what the court perceives as a financial imbalance. Will you be subject to alimony?

If you make significantly more income than her and have been married for several years, you'll likely be on the hook for some alimony.

The level of alimony you'll pay and for how long is dependent on the approach and strategy you use. There are always methods you can use to reduce or even eliminate alimony.

Many men think alimony is just a monthly payment, when the "one-time" lump sum payment also is a option.

You'll want to know that savings, real estate, 401K plans, and pensions also are part of the determination of alimony.

You should also know that alimony and the division of assets are linked, making it better to "pay her off" rather than making monthly payments for years.

There are two types of alimony:

Which is the best method depends to a large degree on your situation. The point is understanding your options and then taking the path best for you because each situation is unique.

Don't make the mistake of not being aware of the available options, so get the facts and create a winning strategy.

With a good strategy, it's possible to get your alimony close to zero!

Monthly alimony payments are tax deductible for you and are taxable income to the person who receives them.

There may be some tax advantages to using alimony, even if a judge wouldn't ordinarily award it.

You want to get creative and negotiate alimony as part of your divorce settlement.

Unlike child support, alimony is unregulated and purely up to you and your spouse to negotiate a deal. Failure by the two of you to reach deal results in a judge deciding what your alimony will be.

Once this happens, your ability to strike a fair deal with your ex is over and you're now at the mercy of the judge. Have a plan to stop this from happening to you.

To discover how to effectively deal with New York alimony and how to lower or even eliminate it, we suggest you take a look at Matt OíConnellís best selling guide and its in depth look at Alimony:

If you want techniques to lower or even eliminate your alimony, Matt O'Connell's divorce guide is your ultimate resource.

Matt is the leading expert on the Internet and has been providing divorce advice since 2005.

In his guide, he details the entire divorce process and common pitfalls.

Even if you're using a attorney, his advice will still save you thousands and get you a better result.

So Click Here to give Matt's advice a try.