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What is alimony? Alimony is a legal obligation for a person to provide financial support to his or her spouse during the process of separation or divorce. Typically, the former husband would always provide financial help to his former wife in the case of a divorce or separation. However, since the 1...

Going through a divorce is bad enough but the stress of arguing a custody battle is exasperating and truly upsetting. When you reach the point in your life when you’re fighting to see your kids you want the absolute best team behind you. This is not a time to go with the cheapest option or [&helli...

What happens to a Family business during a divorce? There are typically two occurrences. Either both parties have located a buyer interested in purchasing the entire business or one party buys out the other. If the former is the case then the parties will typically agree on a valuation of the busine...

Nassau County Divorce Lawyer Are you in need of a Nassau Divorce Lawyer?  If you are from Nassau County, and in need of a divorce attorney Simonetti & Associates is the law firm for you.  Voted Best Divorce Lawyer On Long Island by the Long Island Press in 2014 and 2015 owner Louis Simonetti i...

The below information is in NOT tax advice, but simply to inform on the effects of divorce. Consult with your accountant when making all tax decisions. When contemplating divorce it is important to acquaint yourself with the special rules in the tax code. Here are a few examples. Dependency Exemptio...

Going through a divorce is a struggle, but choosing the right divorce lawyer could make all the difference. Taking the time to find the right divorce lawyer can make for a smoother process and lead to better results. If you are someone who doesn’t know where to begin when looking for a divorce law...

It is important that both parties to a marriage are aware of their partner’s assets, debts, and income before and during the marriage. Marriage is an economic partnership, you and your spouse should identify what each of you is willing to share. An option to spouses that wish to keep certain asset...

A common question asked when going through a divorce is “what happens to our retirement after?” It is very typical for a considerable portion of a couple’s assets and savings to be in the form of a 401K, IRA, Thrift Savings Annuities or retirement pension plan. An option may be to hire an actu...