Property Division

When New York residents are getting their business off the ground, have invested minimal money and put countless hours of sweat in it, they hope, but never expect, it to become highly successful. Which is why they do not take precautions in protecting their businesses...

Though couples may seem happy from the outside, each couple is dealing with their own struggles. There comes a point when some may decide they are no longer compatible with one another. Just like no two marriages are the same, no two divorces are similar to one...

Last week's post detailed the reasons couples might want to sign a prenuptial agreement before they get married in Texas. With more couples in debt than ever before, marrying parties want to know who will assume these obligations if the marriage doesn't work out. They...

Where the 1970s saw couples getting married for romantic notions-eight out of 10 people were married by the time they were thirty-years-old. Today, the reasons couples tie the knot have changed, as practicalities have entered the picture. With the same percentage of...

When a New York State couple divorces, there is often confusion as to how their property will be divided. Issues frequently arise surrounding marital property, non-marital property and other factors. Understanding how this will be settled is imperative to a case and...

There are many issues that come to the forefront when a New York couple decides to get a divorce. Of highest priority is children, custody, the dividing of assets, bank accounts and the valuation of property. Next, there are other matters, like retirement accounts,...

People often say that marriages require work to be successful and, when a person considers the sacrifices individuals must make for the greater good of their relationships, then the truth of the statement can be understood. However, some Mohawk Valley readers also...

Whether a couple will experience a simple property division or a complex one during their divorce will depend entirely on the assets and debts the individuals hold at the time their marriage comes to an end. In New York, divorcing couples are subject to equitable...

Readers of this Oneida County family law blog may not know that New York follows equitable division laws when it comes to separating the property of married people during their divorces. Equitable division is not the same thing as equal division, which implies that...

Property subject to marital distribution is not identified by what it is, but rather by how it is owned. Generally, separate property is the property that an individual acquires before he or she is married, that he or she does not comingle with his or her spouse, or...