Asset And Liability Division In Divorce
Dividing assets as part of a divorce proceeding can be very stressful and complicated, especially if you have considerable assets or business interests. To help ensure that your property will be divided fairly and equitably, seek the assistance of a skilled divorce attorney.
At the law firm of Amy Saltzman, P.C., in New York City, we have more than 25 years of experience focused on issues of divorce and complex property division matters. We are dedicated to helping our clients obtain the best possible outcomes from their divorces and property division disputes.
Property Division In New York Divorces
New York is an equitable distribution state. This means that the division of your assets will not automatically be a 50-50 split. Instead, your assets will be split equitably — in a way that is fair for both parties. The court considers the value of the parties’ assets and their individual financial situations after the marriage is dissolved.
Assets the court will consider during your property division process include:
- Pension and retirement plans
- Business interests
- Stock options
- Limited partnerships
- Closely-held corporations
- Professional licenses
- Real estate
- Investment portfolios
- Other valuable possessions (art collections, antiques, etc.)
Whether you were the breadwinner or not, you deserve to have an equitable division of marital property in a divorce. We will make sure to enlist reputable experts to perform asset valuations in order to get the whole picture.
Get Started Today
Complex property division requires the skill and savvy of an experienced lawyer. At the law firm of Amy Saltzman, P.C., we are ready to help you face it. Schedule a consultation with a lawyer today by calling us at 212-691-6171. You can also send us an email.