Dividing Assets in a NY Divorce

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When a couple is going through a divorce in New York State, they often find themselves faced with the challenge of dividing all of the assets they have acquired during their marriage. Of course, this is a difficult and emotional step in the divorce process. Not only that, many spouses may feel as though they are entitled to more than their fair share of the estate. It is important to note that when a court has to decide on dividing marital assets in a divorce, they use the process of equitable distribution.

Equitable distribution is the process by which a court divides assets between a couple in a fair and just manner. This does not mean that the couple will each walk away with 50 percent of the assets. Of course, there are a number of different factors that must be taken into consideration when going through the equitable distribution process. Some of the many factors assessed include the following:

  • The duration of the marriage
  • The health and age of each spouse
  • The income and potential future earnings of each spouse
  • How each spouse contributed to the marital property
  • Any child custody considerations

If one spouse is accused of committing economic fault, the court may weigh heavily in favor of the other party.

If you have questions about the equitable distribution process in New York State, contact us today.

Matters of divorce and family law should be navigated with the guidance of an experienced attorney. If you need strong legal representation regarding matters of divorce, family law, and estate law, contact the Law Offices of Susan A. Kassel, P.C. to schedule a consultation today. 

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What Our Clients Are Saying

I hired Susan to represent me in a divorce matter where I was fighting for custody and to limit my wife's equitable share of our assets. I won custody of our son, kept the marital residence, kept my professional practice, kept my building and paid less than half to my wife. This was after a long-term marriage. She could persuade the court that equitable is not equal and sometimes the man does deserve to win!

‐ Dave

I first must say that I had been represented by two prior attorneys both of whom had simply taken my money and left me nothing to show for it in my custody case. They kept telling me what they were doing for me but I found out they were lying. Susan on the other hand had gotten me temporary custody and support for my children and myself within two months of hiring her. I cannot say enough about her.

‐ Craig

After talking to a few other attorneys, I hired Susan to represent me in my divorce and custody dispute. I was reluctant to go with her because she was the cheapest out of all the other attorneys I met with, but I'm so glad I did. I am 100% positive no one else would have done such a great job with my case as Susan and her staff. Her work is quality, her staff is reliable and her character is honorable. There...

‐ Linda

I had a very difficult case where I had already burned through two attorneys who were unable to get me custody of my children and complete my divorce. Susan was able to rapidly work out an agreement and not let it just malinger on like my previous experiences. She was also considerate of my financial situation unlike all of the other lawyers I had spoken to. I highly recommend her if you want complete and caring service with an in-depth knowledge of...

‐ Joanne

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The Law Offices of Susan A. Kassel, P.C. proudly serves clients throughout Suffolk County, New York in their divorce, family law, and estate planning matters. If you require the services of an experienced Suffolk County attorney, schedule a consultation with The Law Offices of Susan A. Kassel, P.C. today.

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