New York Info

New York Divorce Start Your Divorce Find Professionals New York Articles Divorce Facts Divorce Grounds Residency Divorce Laws Mediation/Counseling Divorce Process Legal Separation Annulments Property Division Alimony Child Custody Child Support Divorce Forms Process Service Grandparent Rights Forum New York Products Divorce by County

New York Articles

Agreements Custody & Visitation Child Support Counseling Divorce/General Domestic Abuse Financial Planning Foreign Divorce Mediation Parenting Property Division Spousal Support SEE ALL

Info Categories

Contemplating Divorce Children & Divorce Divorce, Dollars & Debt Divorce Laws Divorce Process Divorce Negotiation SEE ALL

More Information

Articles Checklists Research Center Cases of Interest Dictionary Encyclopedia Encyclopedia (pop-up) Blogs

For Professionals

Advertise With Us Free Network Page Join Our Network Submit Articles Case Management Sign In

Network Sites

New York Divorce Support New York Divorce Online

Property Division
Recent Article List
In planning for your divorce, a look at the retirement accounts will typically show that these funds represent a good portion of a couple’s assets and savings.
So many of my clients have told me, “I get half of everything right?”, or “Everything we own is community property”. Well this is an often mistake that people believe in New York. New York is an equitable distribution state when dividing property during divorce. What does that mean?
Divorce and the House by Wisselman & Associates
Marriage is an economic partnership. Normally any asset acquired during the marriage, measured from the day you get married until the day one party files a Summons for Divorce, is considered marital property. In a divorce the Supreme Court Judge will equitably distribute marital property.
When two tenants that own a house together get married, they usually modify the deed to "tenants by the entirety" so that each one’s spouse receives the other half of the house if the spouse should pass away.
The Equitable Distribution Law empowers the court to divide all property, both real and personal, acquired during the marriage (marital property) by either or both parties in an equitable (fair) manner regardless of the form in which title is held, according to the needs and circumstances of the parties.
One of the biggest marital property assets divided in a divorce is the pension. Pension plans (also known as Retirement Plans) fall under two categories: Qualified and non-qualified.
The income and property of each party at the time of the marriage, and at the time of the filing for divorce. The judge should look at each spouses capacity to earn money and property at the time of the marriage and compare it to the situation currently.
Placing a Price Tag on Marital Assets by Sherri Donovan, Esq.
After determining that a couple wishes to obtain a divorce, one of the major issues that will be encountered is how to divide the property acquired during the marital relationship. This process is defined by the courts as equitable distribution.
Once a divorce is granted the Equitable Distribution Law requires a winding up of the economic affairs of the marriage through equitable distribution of the marital property.
Equitable Distribution in New York by Robert E. Nowak , Esq.
The purpose of this article is to give a brief overview of the concept of marital and separate property under Section 236B of the Domestic Relations Law of New York, commonly referred to as the Equitable Distribution Law. This article is not intended to be a definitive treatise on all of the law in New York concerning property distribution upon a dissolution of a marriage.
New York’s Equitable Distribution Law by Robert E. Nowak , Esq.
Effective July 19, 1980, New York joined the ranks of many other states and became an equitable distribution state. The new law, known as the "Equitable Distribution Law", is actually an amendment to S236 of the Domestic Relations Law and, among other things, changes the concept of property and distribution of property upon dissolution of a marriage.

Recent Property Divsion Blog Posts
    All Property Division Blog Posts

Related Article Archives
Property & Debt Division
Property Valuations
Premarital Agreements
    All Article Archives

Start New York Divorce Start Your New York Online Divorce Today
Easy, Fast and Affordable with a 100% Guarantee.
New York Divorce Find New York Divorce Professionals in Your Area:
Join the Network
New York Divorce Products, Services and Solutions New York Divorce Products, Services and Solutions
New York Divorce Resources to Help You Through the Process.
Online Parenting Class New York Mandatory Online Parenting Class
Easy and convenient - complete at your own pace online.
Divorce and Custody Books Discount Divorce Bookstore
Over 100 Titles of the Best Books on Divorce & Custody.
Divorce Downloads Divorce Download Center
Instantly Download, Books, Manuals, & Forms.
Divorce Worksheet Free New York Divorce Worksheet & Separation Agreement
Your Guide to Get Organized and Put Everything in Writing.
   
The New York court requires that divorcing spouses attend a preliminary conference, at which the parties try to decide occupancy of the marital home, daily care for any children and payment of expenses. At the conference, the spouses also discuss exchanging of the following information that includes net worth statements, appraisals of pensions and real estate, interrogatories (formal written questions), and the taking of depositions.

FEATURED TOOL - Online Divorce Negotiation (settle your divorce issues and save on legal fees)

Guarantee Official PayPal Seal Facebook Twitter Versign Secure Site
Limited Offer Women's Rights Manual For Divorce
Cover Price: $55.95
Your Price: $29.95
You Save: $26.00

"The Absolute Best Investment in Your Divorce"

Men's Rights Manual For Divorce
Cover Price: $55.95
Your Price: $29.95
You Save: $26.00

"Uncover Your Options and Unleash Solutions"