Determining how to divide property, bank accounts, retirement, pension funds and any other asset or debt that accrued during the marriage can be among the most stressful aspects of a divorce. New York is an "equitable distribution" state, which means that any assets and liabilities acquired during your marriage are deemed "marital property" and are subject to equitable distribution between both parties.
Property that was acquired before your marriage or inherited or received as a gift from someone other than your spouse is generally considered separate property. However, in certain circumstances, it may be included in marital property, particularly if commingled with marital assets.
For help with this and other complicated circumstances, contact our New York divorce lawyers at HD Family Law Group.
In order to best support our clients, we have developed strong relationships with a number of financial specialists including appraisers, real estate agents, pension evaluators, forensic accountants, actuaries and more. This allows us to:
When you need help with complex property division issues including divorces with high-assets or to negotiate spousal support, our firm is well-equipped to assist you. Property division matters can be complicated and contentious. Don't let this cause additional anxiety or stop the process all together.
Call our New York family law attorneys at 888.353.5193 for help throughout the five boroughs and New Jersey. Schedule your initial case review today.
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