When you are faced with divorce, working closely with an attorney who will explain your rights and options can help you make decisions that are in your best interests. Contact our firm today to schedule a consultation and case evaluation with an experienced family law attorney.
New York is Not a "Community Property" State
New York is not a community property state, but engages in equitable distribution of assets upon divorce which needs to be fair and take into consideration factors such as the following:
- Health and age of each spouse
- Property and income of each party at all times during the marriage Ability of individual spouses to earn a living
- Length / duration of the marriage
- Loss of inheritance, pension, disability or retirement rights upon divorce
- Contributions during marriage (as a parent or homemaker)
- Other property distribution made (through spousal maintenance, or other assets held as separate property)
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