What Is Equitable Distribution in a Brooklyn Divorce?
How Property Division Works in a Brooklyn Divorce If you are considering divorce in Brooklyn, one of the most pressing questions is how your property and assets will be divided. New York is an equitable distribution state, meaning marital property is divided fairly but not necessarily equally. Under Domestic Relations Law (DRL) § 236 B(5)(c), […]
How to Address the Division of Marital Property in a New York Divorce
When a couple begins the divorce process, one primary concern is what happens to all of the assets they share. This may include the family home and its furnishings, bank accounts, retirement savings, investments, and automobiles. When getting a divorce in New York, a couple’s marital property is divided according to the concept of equitable distribution. This means the […]