How Will My Assets Be Divided in a NY Divorce?
Divorce can be one of the most horrible emotional experiences you ever go through. On top of that, it can be complicated and costly. One of the biggest mistakes you can make when getting a divorce is choosing the wrong lawyer. If you have premarital assets, ones that you brought into the marriage, call us for a free consultation. It’s our job to protect your assets from your spouse, and to make sure you get a fair deal in court. Equitable Distribution in New York New York follows the principle of "equitable distribution" when it comes to dividing marital assets during a divorce. Unlike community property states where assets are typically split 50/50, New York aims to distribute assets fairly and justly, taking into account several factors. Key Factors Considered: Marriage Duration : The length of the marriage plays a significant role. Generally, longer marriages tend to result in a more even distribution of assets. Child Custody /Su...