By Randy S. Margulis | Published December 3, 2012 | Posted in Divorce, Property Division | Tagged Tags: equitable distribution, inheritance monies, marital assets, New York divorce lawyer | Leave a comment
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
Read MoreI 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
Read MoreAt some point, divorce surprises everyone. Even an unhappy spouse who planned long for divorce eventually comes up against the unanticipated. Too often, that surprise comes when a couple tries to divide their property. In New York, and anywhere else, spouses who can generally agree on how to divide their estate experience less conflict, and Read More
Read MoreMost couples work to maintain and plan for a solid financial future, retirement, and support for their children. If those couples reach the end of their marriage, I work to help them keep plans intact even as their marriage dissolves. Preservation of wealth is an important feature of any divorce—for those with modest means or Read More
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