Monthly Archives: January 2025
What is Considered Marital and Separate Property in New York State?
New York is an equitable distribution state. That means that assets are divided in accordance with what is equitable or fair, not necessarily a 50/50 split. It’s important to understand that only the marital estate is divided. That means only property that is considered “marital” is subject to equitable distribution. Understanding the different types… Read More »