In New York, divorce laws regarding property division follow the principle of equitable distribution, aiming for a fair but not necessarily equal split of marital assets. This encompasses real estate, financial holdings, businesses, and personal possessions acquired during the marriage. Factors such as each spouse's contributions to the marriage, their earning capacity, and the duration of the union influence the division process. Consulting a skilled attorney well-versed in New York divorce laws is crucial to ensure your rights and interests are protected throughout the property distribution proceedings.
New York Divorce Laws Property