Property division is often the biggest hurdle faced by those preparing for divorce. State law requires an equitable distribution of the marital estate. After creating a list of all marital assets and financial obligations, spouses can work out a way to fairly divide...
Financial discussions are often the most challenging element of divorce. Spouses may have a hard time agreeing on what is an equitable means of distributing their assets. There may also be questions about financial support. Perhaps one spouse stayed home to raise the...
When you get divorced, you’ll likely benefit from identifying your marital assets and your separate assets. As a general rule, marital assets are those acquired during the marriage, while separate assets are those that were acquired independently. Separate assets are...
Divorcing couples in New York often find it challenging to divide their property. They may need to go to mediation or ask a judge to rule on certain decisions, such as who gets to keep the family home. A significant portion of your property will be marital assets that...
New York courts use equitable distribution to divide marital property during a divorce. Equitable means fair, but not necessarily equal. Courts look at several factors, weighing what each spouse brought to the marriage and what each party needs to move on after....
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