Posts by jimnollettilawyer
Spousal Support/Maintenance Calculations for High Income Earners
Regardless of whether you call it alimony, spousal support, or spousal maintenance, these support payments can be challenging to calculate, particularly for those with incomes above the basic thresholds. While New York law provides formulas to set amounts, judges have considerable discretion to deviate from the formulas and set their own outcomes. Similarities and Differences…
Read MoreHow Property is Divided in High Net Worth Divorce
New York distributes property “equitably” in a divorce, and an equitable split can look much different in a high net worth divorce. Because of the complexity of these cases, it is a good idea for both spouses to work with attorneys who understand how to anticipate and manage a variety of complicating factors. Only Marital…
Read MoreJames Nolletti Rated at Highest Level of Professional Excellence by Martindale-Hubbell
Martindale-Hubbell first started rating attorneys based on their ethical practices and legal skills in 1887. To ensure the integrity of its rating system, the company created an evaluation process that included the opinions of lawyers practicing in the same area as well as reviews from clients. 135 years later, the process for collecting and evaluating…
Read MoreNolletti Law Group Ranked Among Best Law Firms by U.S. News Publication
The team at Nolletti Law Group PLLC is excited to announce that Best Lawyers® has ranked us among the top firms in the metropolitan area. The prestigious peer review organization selected our firm for inclusion in the 2023 edition of U.S. News – Best Lawyers® “Best Law Firms.” “We are humbled to be recognized among…
Read MoreDivorcing a Narcissist? We Understand.
Are you planning to divorce someone acting as if their world revolves around them? Do they seem to have an excessive need for attention and admiration? Do they show a lack of empathy and consideration for others? If so, you could be divorcing a narcissist. Recognizing narcissistic behavior in your spouse is important when you…
Read MoreNolletti Law Group PLLC Featured in Westchester Magazine’s “Ask a Top Lawyer: When Business Owners File for Divorce”
In this month’s issue of Westchester Magazine–Ask a Top Lawyer, James Nolletti and his team at Nolletti Law Group PLLC provide answers to questions for business owners to consider when they file for divorce. When people get married, they hope for a fairy tale ending. The reality? Fifty-two percent of first marriages end in divorce.…
Read MoreWhat Do Business Owners Need to Know When Considering Divorce in New York?
The process of disentangling a married couple’s lives can be complicated in a divorce case, but when one or both spouses owns a business, the financial complexities can quickly spiral over the head of an inexperienced divorce lawyer. If you or your spouse own(s) a business and are facing the possibility of divorce, it is…
Read MoreNolletti Stands with Other Professionals Who Request a Freeze on Changes to Custody Evaluations
The Blue-Ribbon Commission on Forensic Custody evaluations has recommended to Governor Hochul that forensic custody evaluations be limited or eliminated in cases involving custody and parenting time. Judges rely on the reports of neutral mental health professionals who serve as forensic evaluators. While the current system has flaws and could stand improvement, families are better…
Read MoreA Valuable and Little-Known Tax Benefit – Child and Dependent Care Credit for 2021 Returns
While most families with children may be aware of the federal Child Tax Credit, as enhanced payments have been received by millions of families in 2021, many may be unaware of the far more generous Child and Dependent Care Credit which has been increased for 2021 federal tax returns (which are filed in 2022) under…
Read MoreAsset Recognition, Valuation & Distribution in a High Net Worth Divorce
There is a lot at stake in a high net worth divorce and it is extremely important to have representation by a qualified and experienced attorney to recognize and value complex financial assets. Identification and valuation of these assets, as well as the equitable distribution of them between the divorcing parties, can be challenging. In…
Read More