New York City Property Division Lawyers
Assisting divorcing couples with asset division in Manhattan
New York is an equitable distribution state. What this means is that, during a divorce, your marital property will be divided in a way that is fair and equitable to both you and your spouse. However, note that equitable does not necessarily mean equally. The court takes many factors and variables into account when determining property and asset division. It is up to a skilled divorce lawyer to explain to a court why a certain division of property is “fair” under the relevant law.
In a divorce, only the marital property of a couple is divided. Generally, the marital property includes any assets and property acquired by the couple during the marriage, including income, retirement benefits, or appreciation of property or businesses obtained during the marriage.
The divorce attorneys at Berkman Bottger Newman & Schein LLP have spent decades representing the people of New York City and Westchester in matters of property division, alimony (spousal support), child support, and child custody. Our trusted lawyers work to secure the best possible outcome during this challenging time in your life.
Dividing marital assets in NYC
In most cases, any assets you or your spouse acquire during the course of your marriage are subject to division – regardless of whose name the property is in. Additionally, the value of these assets can continue to appreciate or depreciate until the day you divorce. These assets can include:
- Art and jewelry
- Automobiles and other vehicles
- Benefits and pensions
- Family businesses or practices
- Family home
- IRAs and 401Ks
- Real estate
- Retirement savings
- Savings and checking accounts
- Stock portfolios
- Intellectual property
- Furniture and personal property
We are one of the only Manhattan divorce law firms offering all three options for divorce: litigation/negotiation, collaborative law, and mediation - providing custom strategies and solutions for our clients.
All families and marriages are unique - our attorneys take the time to listen to our clients to fully understand the circumstances of their case. Only then do we advise the best legal option for their goals.
Divorce is a time of transition. We understand the emotional and financial stress that clients experience during the divorce process – from day one our team ensures that we provide our clients with prompt feedback so that they are updated on their case every step of the way.
Our attorneys provide frequent expert legal commentary for national media outlets and have been quoted in numerous publications including Fox's Business, NBC News, ABC News, CBS News and many more.
Manhattan property division lawyers
If you and your spouse are divorcing or considering divorce, ensure you protect your assets during property division. The NYC marital attorneys at Berkman Bottger Newman & Schein LLP have decades of experience assisting clients with matters of divorce and property division – schedule a consultation with us today. You can reach us at (212) 466-6015 or fill out our contact form.