New York Divorce Report - No Lawyer Divorce Is Not For Everyone - Comments http://divorce.clementlaw.com/ Daniel E. Clement: New Jersey & NY Lawyer & Attorney for Family Law & Pre-Nuptials en Copyright 2010 Tue, 03 Aug 2010 12:29:14 -0500 Tue, 03 Aug 2010 12:29:14 -0500 http://www.sixapart.com/movabletype/?v=4.32-en http://blogs.law.harvard.edu/tech/rss Greg This is just a general comment on divorce in NY. I moved to NY a few months ago from PA and have made some friends in the neighborhood. One woman is now gettig a divorce and is hysterical. She was married to this man for 20 years and gave up what might have been a good career as an architect to stay home and raise the kids. He owns a business he inhereted from his father and had an income of about 500K a year. About half of that he plowed back into his business as Shareholder Loans every year. He also had an affair with a woman he hired and was arrested and pleaded guilty to sexual harassment. His business is worth about 5 million given all the property he bought with the "Shareholder Loans".
Given that brief summary this woman is hysterical because the divorce laws in NY basically say she is entitled to virtually nothing. Minimal child support of about 50K a year (they have two kids living at home and one in college) because much of his income goes back into the business. She is not entitled to any part of the increase in value of the business because it is his even though she put her entire career on hold. She will get virtually no maintenace even though in most states she would get maintenance for life.

In short, NY divorce laws really screw women and children. She is looking at having to sell the family house and give up the lifestyle she and the kids have enjoyed all their lives. The laws here strike me as so completely unfair that somethign really has to be done. This damned country yacks about "family values" and lies to us about the importance of family and then writes laws like this that allow an admitted sexual harasser and a cheater to simply walk away with everything. It just shows how two-faced this state and country really are.

]]> http://divorce.clementlaw.com/divorce/no-lawyer-divorce-is-not-for-everyone/#17518 http://divorce.clementlaw.com/divorce/no-lawyer-divorce-is-not-for-everyone/#17518 Divorce Wed, 03 Jan 2007 00:10:01 -0500 dclement@clementlaw.com (Daniel Clement)