Equitable Distribution of Property

SPLITTING PROPERTY FAIRLY WITH EQUITABLE DISTRIBUTION

In community property states, each spouse has equal ownership interest in all property acquired or owned by a couple during the marriage, which is split evenly in the event of a divorce. In equitable distribution states such as New York, property acquired individually during the course of the marriage is divided fair and equitably, but not necessarily equally, between both spouses.

Having a New York attorney familiar with property division laws can ensure you receive the fairest settlement.

Equitable Distribution of Property

SPLITTING PROPERTY FAIRLY WITH EQUITABLE DISTRIBUTION

In community property states, each spouse has equal ownership interest in all property acquired or owned by a couple during the marriage, which is split evenly in the event of a divorce. In equitable distribution states such as New York, property acquired individually during the course of the marriage is divided fair and equitably, but not necessarily equally, between both spouses.

Having a New York attorney familiar with property division laws can ensure you receive the fairest settlement.

DETERMINING FAIR PROPERTY DISTRIBUTION

The first step in distributing property is determining what property will be distributed. Property can be defined as “marital property” or “separate property”, the difference being whether the property was acquired before, during or after the marriage. Separate property does not get divided in equitable distribution states, however marital property does, and it can be a complicated matter. I have the experience and attention to detail to understand the various nuances of your joint financial situation,
to determine the fairest split of assets and debts.

TYPES OF PROPERTY

Stocks and Bonds

Automobiles

Bank Accounts

Investment Accounts

Marital & Vacation Homes

Home Furnishings

Timeshares

Retirement Funds

Pensions and Annuities

Businesses

NEGOTIATING OUTSIDE OF COURT

When appropriate, mediation can be a more cost and time-effective way to resolve fair property distribution outside of court, allowing you greater control over the outcome. My experience has equipped me to handle complex and challenging divorces with even more complex joint and separate assets and debts.

Learn More About Mediation

Get in touch with
Dina De Giorgio

  • 516.767.1231

  • 516.767.1263
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