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534 Delaware Ave, Suite 433, Buffalo, New York 14202 | 19 Limestone Drive, Suite 9, Williamsville, New York 14221

Call now for an initial consultation 716.886.9600

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Category Archives: Property Division

Division of Debts

When a couple is divorcing, any debt accumulated over the course of the marriage must be divided between the partners. If at all possible, all debts should be paid off before divorce proceedings begin. This is the best way to assure a clean financial break from a former spouse. If this is not a possibility,… Read More »

What to do with the Family Home After Divorce

When dividing assets during a divorce, many couples encounter obstacles regarding the marital home. Often the home is the most valuable asset a couple owns and each partner has a financial interest. There are a number of options a divorcing couple can consider regarding the sale of the primary residence. There might be tax advantages… Read More »

Understanding the Financial Aspects of Divorce

In any divorce one of the most primary and contentious areas is the division of assets. Splitting the equity in the home and the credit card bills, agreeing on child support and who keeps what can lengthen negotiations, bring up bitter arguments and send couples to court. Understanding what assets may come under fire will… Read More »

Are Inheritance Monies Subject to Equitable Distribution?

I work daily with individuals concerned about division of assets during their divorce. Properly valuing a marital estate is key to fair division of property at the end of a marriage. New York is an equitable distribution state, meaning without other agreement, a court makes property awards that equitably distribute assets and liabilities of the… Read More »