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Family Law

Monday, June 8, 2009

By Myrna Felder

"Myrna Felder, a partner in the law firm of Raoul Lionel Felder, writes: Every matrimonial attorney has had clients who ask if they can receive credit for payments the other spouse has made from marital funds on account of the other spouse's separate obligations. The response usually involves an explanation of how reluctant courts are to start recalculating the give and take of the economic partnership - often many years after the fact. Two recent Court of Appeals cases have provided a definitive answer denying such credits after the First and Second departments of the Appellate Division each had allowed them."