New York Attorney Assists with Equitable Distribution of Property
EXPERIENCED DIVORCE LAWYER REPRESENTS YOUR RIGHTS IN THE NEW YORK METROPOLITAN AREA
Marital property is all property acquired by both or either spouses during the course of a marriage regardless of the form title held prior to execution of a separation agreement or prior to commencement of a matrimonial action. When couples divorce or separate, those assets are subject to equitable distribution. Under this standard, when couples cannot reach an agreement on dividing their assets, courts will divide marital property in a manner that is fair and equitable, though not necessarily equal. At the Law Offices of Michelle M. Delgado, P.C., we represent clients in New York City and Long Island to ensure that their rights are upheld and their marital property and debt are divided equitably so that a breakup does not disadvantage them financially.
DETAIL-ORIENTED ADVOCATE PROTECTS YOUR ASSETS
Before the actual distribution of marital property can occur, assets must be valuated and classified as either marital or separate. Marital property includes assets acquired during the marriage and available for distribution; separate property consists of assets acquired prior to the marriage and exempt from division. I have the necessary familiarity with New York’s equitable distribution laws to distinguish property as either marital or separate. I also have the skill to trace the commingling of separate assets with marital assets, prevent unfair distribution and ensure that no assets or debts are overlooked in the final accounting.
Marital property may include anything you have acquired during the marriage, such as:
- The marital home and vacation homes
- Stocks and bonds
- Bank accounts
- Investment accounts
- Home furnishings
- Retirement funds
- Pensions and annuities
Courts will base property division determinations on a number of factors, which may include the financial situation and earning power of each spouse, the degree to which each spouse contributed to the acquisition of marital property, and the future needs and liabilities of each spouse. I will ensure the court has all the information it needs to fairly divide your assets.
RESPONSIVE DIVORCE COUNSELOR PURSUES FAVORABLE PROPERTY DIVISION RESULTS
At our firm, founding attorney Michelle M. Delgado strives to convert an otherwise stressful and contentious matter into a positive resolution. Her experience has equipped her to handle negotiation and settlement in property division matters whenever appropriate, affording you greater control over the outcome. But experience has shown her that property division is often one of the most contentious issues in a divorce, and when you and your spouse are unable to agree on dividing your assets, Michelle M. Delgado is fully prepared to advocate for your rights in court.
Contact a reliable New York family lawyer for asset division help
The Law Offices of Michelle M. Delgado, P.C. represents clients throughout the New York City and Long Island in cases involving the equitable distribution of their marital property and debts. Call the firm at 212.391.7755 or contact the firm online to schedule a consultation.