In a divorce, the laws of equitable distribution distinguish marital property from separate property. Technically, only marital property, that is, property acquired after the...
Property Distribution
Tax Liability of Spouses for Marital and Separate Property
Most couples come into a marriage with some existing income and assets that may generate tax liability. What responsibility each spouse has for the taxes generated by the other’s...
What Is Equitable Distribution Under New York Divorce Law?
When spouses divorce in New York, their marital property is subject to “equitable distribution.” Equitable is not the same as an equal. It is a concept rooted in fairness. What...
Protecting Separate Property from Becoming Marital Property
When couples divorce, their marital property is subject to equitable distribution. Generally, marital property is property that is acquired after the parties’ wedding date and up...
Who Gets the Marital Home After Divorce?
When parents get divorced, a common concern is the disposition of the marital home. The custodial parent often wants to stay in the home with the children in order to avoid...
How to Divide Passive vs. Active Assets in Divorce
All property is not treated equally when dividing up assets in divorce. Some of the most significant differences occur between couples having both passive and active assets. Here...