By Randy S. Margulis | Published January 15, 2013 | Posted in Divorce | Tagged Tags: Divorce, future finances, New York divorce attorney, tax implications | Leave a comment
The Tax Implications of Divorce
A 2011 Kings County case demonstrates that serious consideration of tax implications is crucial in a divorce. The husband’s gross income was $107,953 and the wife’s was $11,660. After payment of alimony, child support and taxes, the husband took home $41,000 per year and the wife’s income was $58,253. Be sure to review IRS Publication Read More
Read MoreHow to Talk to Your Kids About Divorce
Divorce can be harder on your children than it is on you. Marital difficulties disrupt all relationships, and a failure to recognize your children’s feelings may set a negative pattern that they will carry with them for the rest of their lives. Talking to children about divorce is not easy, but the following suggestions may Read More
Read MoreThe Basics of Child Custody and Support
You are getting divorced from your spouse. How will this affect your relationship with your kids? Will you be able to visit? If so, when? Will you pay child support? Can you get custody, or joint custody? What does this all mean? In the old days, Mom always got the kids and Dad took on Read More
Read MoreUnderstanding the Financial Aspects of Divorce
In any divorce one of the most primary and contentious areas is the division of assets. Splitting the equity in the home and the credit card bills, agreeing on child support and who keeps what can lengthen negotiations, bring up bitter arguments and send couples to court. Understanding what assets may come under fire will Read More
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As a Buffalo divorce lawyer for 28 years, I have devoted myself to solving the problems that affect families throughout the Buffalo metropolitan area and Western New York. As a family law attorney, I make it my goal to create a partnership of trust with my clients. People put their trust in me to handle cases that can potentially have a long-lasting impact on not only their lives, but the lives of their family as well.
Alexandra M. Rockwood has been with the Law Offices of Randy S. Margulis & Associates since early 2020. She primarily practices in the areas of matrimonial and family law, including divorce, child custody, and child support. Alexandra is a practicing matrimonial and family law attorney as well as a trained social worker. This combination of…
Ashleigh E. Lymburner is an Associate Attorney with the Law Offices of Randy S. Margulis & Associates, PLLC, and has been with the firm since August 2024. She primarily practices in the areas of matrimonial and family law, including divorce, child custody, and child support. Her experience includes serving a Judicial Externship under Judge Sharon…
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5.0/5.0We use Mr Margulis for our estate planning and wills. He is exceptionally knowledgeable and communicates very well. We trust him with our trusts and will continue to use his services as long as we can. Thankfully we don’t need his divorce services,...
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5.0/5.0
Divorce is always an unpleasant event and my case was no exception, yet the guidance, professionalism and ethical strategy that Randy Margulis provided was essential in finding the best solutions for my children, my ex-wife and myself. As the proces...
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5.0/5.0
Divorce is always an unpleasant event and my case was no exception, yet the guidance, professionalism and ethical strategy that Randy Margulis provided was essential in finding the best solutions for my children, my ex-wife and myself. As the proces...
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5.0/5.0
Randy Margulis is knowledgable of Domestic Law, dedicated, responsive, personable, aggressive and effective. I came to him on a friend's recommendation as well as Randy's reputation, and during the initial consultation I liked his approach and track ...
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5.0/5.0
Found Mr. Margulis to be a very organized and professional individual to work with. He is well-respected by his peers and is spoken of highly, I believe this helped with my divorce and made things go smoothly. I would highly recommend his services ...
