Don’t be surprised if you suddenly hear about a increase in divorce
- A New York law change that takes effect Jan. 23 will cut spousal support by as much as $9,200 a month, sparking the rush of spouses of well-to-do mates to splitsville, the lawyer, Jacqueline Newman, told The Post.
- The law change will cut the cap on salary to be considered during computing spousal maintenance from its current $543,000 to $175,000. A non-breadwinner married to someone who earns $500,000 could be awarded up to $13,575 a month in maintenance.
- After Jan. 23, that amount will drop to $4,375, said Newman, of Berkman Bottger Newman & Rodd. That’s a difference of $9,200 a month – or $110,000 a year. Some non-breadwinner spouses had already secretly initiated divorce proceeding, the lawyer said.
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The cumulative difference in what non-monied spouses who beat the deadline can gain from support payments exceeds $1 million — based on a 15-year marriage and monied spouses with an annual income of $750,000.
