Fig Law, P.L.L.C. Attorneys at Law Legal Blog

When a couple gets divorced, the initial thoughts are usually centered around who receives the tangible assets?  Parties may readily consider the house, the car, bank accounts etc., but what is often forgotten is the impact divorce may have on your retirement plan....

When most people are getting married, they’re not thinking about the possibility of a divorce. A decision to marry is generally primarily based upon love and affection, not finances. However, the NY State views marriage as a financial contractual union.  In light of...

Being accused of child abuse or neglect is a serious allegation that can have dire consequences. The outcome of a child protective proceeding can ultimately impact custody, visitation, related criminal matters, and, in some instances, the accused’s employment. If you...

For many couples and single individuals, adoption may be the ideal option for starting or growing their families. According to the Adoption and Foster Care Analysis and Reporting System (AFCARS), as of September 30, 2017, there are 123,437 children and teens in foster...

Founder and lead shareholder of Amazon.com Inc., Jeff Bezos, and wife, Mackenzie, have recently announced via social media that they will be divorcing after 25 years of marriage. Recognized as the wealthiest man in the world, Jeff Bezos possesses a net worth of...

A common-law marriage is a union between two people that is formed without a marriage license or wedding ceremony. Contrary to what many believe, obtaining a common-law marriage is not as simple as cohabitating for a prolonged period of time, though the determination...

With 2018 ending in a few weeks, unhappily married couples who are thinking of splitting up should consider the tax consequences of waiting until after the new year. Under the new tax law enacted by Congress and the Trump administration, the rules regarding alimony...

The holidays are supposed to be times of joy, to be spent with loved ones, but when divorced parents try to determine who will enjoy parenting time with the kids, it can be a time of anguish and stress. If the holidays come and both parents still cannot agree on...

President Donald Trump promised hefty tax changes prior to his inauguration. One substantial tax change under the Tax Cuts and Jobs Act concerned the deductibility of spousal support. Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), those receiving spousal...

Individuals in the Millennial generation (those born between the years of 1982 and 2004) are more apt to ask their significant others to sign and complete a valid prenuptial agreement prior to marriage. A prenuptial agreement, or “prenup” for short, is a legal...