What is Spousal Support? by Richard Roman Shum

What is Spousal Support? by Richard Roman Shum
In this insightful video, Richard Shum from the Law Office of Richard Roman Shum, Esq., located in the heart of Manhattan, New York, delves into the complex world of spousal support and alimony. Richard provides a comprehensive overview of what spousal support entails and the legal considerations involved in both durational and non-durational alimony in New York. The video is an essential resource for anyone going through a divorce and needing guidance on the financial implications that follow.
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Spousal support, commonly referred to as alimony, is a critical aspect of divorce proceedings that involves financial assistance from one spouse to another post-marriage. This financial aid is designed to help the lower-earning spouse maintain a reasonable standard of living after the divorce. Richard Shum explains how spousal support is not tied to gender but rather to the financial disparity between the spouses at the time of divorce. Throughout the video, he outlines the factors that New York courts consider when determining alimony, including the length of the marriage, each spouse's earning capacity, and the standard of living established during the marriage.
Moreover, Richard discusses the different types of spousal support available in New York, such as durational and non-durational alimony. Durational alimony is temporary and lasts for a period proportional to the length of the marriage. In contrast, non-durational alimony continues indefinitely until the receiving spouse remarries or either spouse passes away. This distinction is crucial for understanding your rights and the potential financial outcomes of your divorce.
The video also addresses common questions and concerns about negotiating spousal support, the impact of prenuptial and postnuptial agreements, and the process of modifying alimony orders in response to changed circumstances, such as a significant shift in financial status or the remarriage of the receiving spouse. Richard emphasizes the importance of legal guidance during these negotiations to protect your interests and achieve a fair outcome.
For individuals facing the challenge of navigating spousal support arrangements, Richard Shum offers valuable advice and legal services. He discusses how his office assists clients in filing spousal support petitions, whether temporary or post-divorce and how they help in enforcing or modifying spousal support orders. With years of experience in handling divorce cases in Manhattan, Richard and his team are prepared to provide the necessary legal support.
If you are going through a divorce and need assistance with spousal support issues, do not hesitate to contact the Law Office of Richard Roman Shum, Esq. at [phone]. You can also schedule a consultation to discuss your specific situation and receive personalized legal advice tailored to your needs. Watching this video will equip you with essential information to help you understand and manage the complexities of spousal support in New York.
Who qualifies for spousal support in NY?
How long does spousal support last in New York?
What is the average spousal support in NY?
Do I have to support my wife after divorce?