Filing Divorce and Protecting Your Property
Divorce in New York now includes no-fault, a change in law, meaning that neither party has to prove fault during the divorce process. However, the no-fault law has no effect on the distribution of assets, support or custody. This means that when going through a divorce, the court can weigh any number of factors when making important determinations regarding assets, support or custody. When facing divorce, you need an experienced attorney who can aggressively advocate for your interests and present appropriate evidence in court.
New York Divorce Attorneys
At Johnson & Cohen, LLP, we offer professional, strategic legal advocacy focused on protecting the rights and financial interests of our clients at the time of divorce. When dividing property, the court will seek "equitable distribution of assets." While the court may equitably distribute assets, this does not necessarily mean a 50/50 split of property or value. Before entering divorce, you want to know your rights, options and potential obligations before negotiations, settlement, or court. You want to know how a court's decision or asset divisions are impacted by the numerous factors it must consider.
Our lawyers are experienced with complex asset division including:
- Homes and real estate
- Family businesses
- Retirement investments
- Stocks, bonds, executive interests
- Savings accounts
- High-asset divorce
Equitable Distribution of Assets in New York
Anyone filing divorce can be overwhelmed by the possibility of losing assets, property, or accumulating debt. Remember that under the law, you do have the right to file for divorce if the marriage is irreconcilable, but you want to make certain that you protect your property interests from the outset. In New York, real estate and/or financial property is considered marital separate property. You want an advocate who can protect both your separate property, as well as the property deemed marital by the court. We are competent to handle even the most complex cases and can effectively protect your rights and long-term financial goals.
For more information or to speak directly with our experienced Manhattan, Westchester and Rockland County property division attorneys, please call 877-807-1472 or contact us by e-mail.