"I treat our clients as I would want to be treated if I was in their position.  This is a difficult time in their lives that requires professionalism, respect and knowledge to manage the parties and counsel to a settlement or, as necessary, litigate a favorable result."

Matrimonial/Family Law  •  Personal Injury

Jeffrey L. Catterson's Publications

Is Shared Custody About the Children or the Money?

The Sulfolk Lawyer

Vol. 32, No. 8 – May 2018

May 2018

www.scba.org

 

Calculating a non-custodial parent’s child support obligation in a traditional sole or joint custodial arrangement is fairly straight forward. The parties would utilize the percentage provided for in the Child Support Standards Act (“CSSA”) and apply those percentages to the income of the parties without regard to the amount of time either party spends with the children. >READ MORE

 

What's in a Name?

The Sulfolk Lawyer

Vol. 32, No. 7 – March 2018

March 2018

www.scba.org

 

New York has three typical designations for custody determinations: sole, joint and, the more recent creation,shared. These designations refer to the

legal decision-making and physical custody of the child. Traditionally, sole custody would connote one parent has physical custody of the child, the other visitation (now parenting time) and the custodial parent makes all the major decisions for the child. >READ MORE

 

Redefining the ‘SUNY Cap’

The Sulfolk Lawyer

Vol. 32, No. 5 – January 2018

January 2018

www.scba.org

 

As Many matrimonial practitioners are familiar with the term “SUNY Cap” wherein the parties limit their financial responsibilities to contribute towards their child’s college expenses to those costs that would be associated had their child attended New York State University (“SUNY School”)

as an in-state resident. >READ MORE

 

Valuation of Closely Held Business Interests

The Sulfolk Lawyer

Vol. 29 No. 4

January 2014

www.scba.org

 

As recognized by the Court of Appeals in Amodio v. Amodio, 70 N.Y.2d. 5 (1987),there is no uniform rule for valuing a closely held business. The preferred indicator of value is the objective standard of Fair Market Value, i.e. “the price for which the property would sell if there was a willing buyer who is under no compulsion to buy and a willing seller under no compulsion to sell.” Kaye v. Kaye, 102 A.D.2d 682, 687 (2d Dept. 1984). However, due to the inherent nature of closely held businesses, where ownership is generally held by a small group of stockholders and where the shares are not usually saleable, the shares are not so easily valued. Id. at 687. >READ MORE

 

 

Pendente Lite Applications, Then and Now

Nassau Lawyer

Vol. 60 No. 9

May 2011

www.nassaubar.org

 

 

Prior to October 12, 2010, when discussing potential pendente lite support obligations with a client, the experienced matrimonial practitioner would routinely repeat the mantra “must maintain the status quo,” stressing the balancing act of both accommodating the recipient’s needs and the payer spouse’s ability to meet those needs, as well as his or her own comparable standard of living. In traditional marriages, there is a “monied spouse” who generates the majority of the income to meet the family’s financial needs, and a “non-monied spouse” who is the primary caretaker of the parties’ children. >READ MORE

 

A Keane Double-Dipping Miscalculation and the

Vanishing Monied Spouse

 

Author: Peter Galasso, Jeffrey L. Catterson and Joel Rakower

NYSBA Family Law Review | Winter 2008 | Vol. 40 | No. 4

 

Exhaustive scholarly analyses on the double-dipping,or double-counting, phenomenon have adorned the pages of various legal publications since its initial recognition in McSparron v. McSparron.1 As we all know, in McSparron, the Court of Appeals held that maintenance awards are not to be drawn from the income stream that was relied upon in the calculation of the value of an equitably distributed marital asset. >READ MORE

 

 

 

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