Equitable Distribution: Division of Marital Property
The difference between the words “equal” and “equitable” is clear. Equal means 50/50, an even split. Equitable, however, means fair – a fair settlement is not necessarily one that divides all property equally.
In some states, property is divided equally in divorce. In others, such as New York State, the murkier concept of “equitable distribution” applies. Our experience and knowledge of the New York divorce laws governing division of marital property is an invaluable asset and essential to crafting solutions which protect your rights and interests.
Schedule a confidential consultation with one of our attorneys today by calling us at 845.294.2616.
At Strauss & Kallus Law Offices, we offer extensive experience in achieving fair and equitable divorce settlements to clients throughout Orange County and the surrounding areas of New York. Our experience with marital debt and asset division includes:
• Location of hidden assets
• Valuation and division of closely-held businesses
• Valuation and division of professional practices
• Division or retirement accounts, 401k’s, and pension plans
• Valuation and division of investment accounts, stocks and stock options
• Qualified Domestic Relations Orders (QDROs)
• Valuation and division of real estate
• Bankruptcy and tax considerations
The Key to Negotiated Results
Solving the division of property puzzle is often best done through amicable and reasonable negotiation, or through alternative dispute resolution methods such as mediation or collaborative law.
That said — saving time and money by being reasonable and by trying to resolve issues outside of court is more likely to be accomplished if the lawyer representing you has a track record as a successful litigator. We have a well-earned reputation as assertive and effective trial attorneys with a strong and thorough knowledge of domestic relations law, rules of evidence and trial tactics. Clients benefit from our 30+ years of experience in the New York courts and from our commitment to using more cost-effective approaches.