Property Division Lawyer in Long Island
Divorce Attorney with 25 years' Experience Serving Suffolk County
When couples pursue divorce, one of the most important issues to discuss
is the matter of property division. It is natural to be concerned about
what will happen to your car, home, and other valuable belongings after
the divorce is finalized.
Many spouses who choose to forego legal counsel end up losing out on the
things that matter most to them. Our firm is here to prevent that from
happening to you. The Rubenfeld Law Firm is staffed with an experienced
Long Island divorce attorney and would be happy to represent you during this time. We have vast experience
representing couples in divorce and
high asset divorces. We are skilled at resolving complex property disputes as well as litigating
Marital Property vs. Separate Property
New York is an equitable distribution state, which means that all marital assets,
debts, and property will be divided as fairly as possible. It is important to
note that fair and equitable does
not always mean equal. The court will do its best to allocate to each spouse
what they deserve.
When dividing property, the court often considers:
- The duration of the marriage
- The age and health of both spouses
- Whether or not children are involved
- Each spouse's contribution as a homemaker
- The financial contribution of each spouse to the marriage
- The physical needs of either spouse
There are two classifications used by the court – separate property
and marital property. Separate is anything that was acquired by one spouse
as a gift or an inheritance during the marriage. Everything else is then
considered marital property.
At our family law firm, we understand that no two couples are facing the
same set of circumstances. It is our goal to create a solution that comprehensively
meets your needs and resolves your situation favorably.
Contact our divorce attorney in Long Island today to schedule your complimentary initial consultation!