At Most & Schneid, P.C., we are committed to fighting for a fair property distribution. At your first meeting we will review your assets and explain how property is divided under New York law and the realistic range of outcomes.
Equitable Does Not Always Mean Equal
New York divides marital property through equitable distribution — fairly, which does not necessarily mean equally. In many cases a 50/50 division is fair. In others, factors such as each spouse’s contributions to the marriage, income, and separate property warrant an unequal distribution.
Marital Property vs. Separate Property
Marital property — property acquired during the marriage — is subject to division. Separate property includes property acquired before the marriage, inheritances, gifts, personal injury proceeds, and property designated as separate by written agreement, and it is not divided. While that distinction sounds straightforward, it is riddled with exceptions: appreciation, commingling, and contributions by the other spouse can convert what looks separate into something divisible. You can count on our experience to protect what is yours.
If you are ready to talk with an experienced matrimonial and family law attorney, call Most & Schneid, P.C. at (914) 997-9181 or request a consultation online. We serve clients from our offices in White Plains (Westchester County) and Garden City (Nassau County).