The Law On Property Division In Divorce

In New York state, marital property and debt are subject to equitable distribution. In general, “marital property” is property acquired during the marriage, with certain exceptions, such as an inheritance or a gift to one spouse.

Maura Barrett Law draws upon 30 years of experience to advocate for her clients. The firm has deep roots in the Duchess County community. Maura has a reputation for effective advocacy and she is a Fellow in the American Academy of Matrimonial Lawyers a national association of leading family law attorneys in the U.S., whose members are selected through s rigorous process, including interview, examination and experience.

How We Can Help You

Maura has gained a reputation for effective advocacy in even the most complex divorces. We have the resources to handle even the most complex division of assets, including division of:

  • Investments
  • Debt
  • Pensions, retirement savings and 401(k)s
  • Real estate
  • Businesses and professional practices

When property is divided equitably, courts examine certain factors. Equitable does necessarily mean equal, although it often does. Each case is different and unique depending on the circumstances, couples can experience different results.

That is why it is critical to work with a lawyer who can be a strong advocate for you and has a solid understanding of the ever-changing law as applied to your unique circumstances.

Contact Us With Your Property Disputes

When two people are separating and trying to equaling distributing assets acquired over many years, it can be challenging. Contact our office in the town of Poughkeepsie to schedule your initial consultation today. Call us at 845-486-4300 or email us here.

FAQs

What is “equitable distribution”?

It means assets and debts are divided fairly, though not always equally, based on factors like contributions, income, and future needs.

What counts as marital property?

Generally, anything acquired during the marriage — including real estate, retirement accounts, and business interests.

What is separate property?

Assets owned before marriage or acquired through inheritance or gift to one spouse alone.

How are complex assets like businesses or pensions handled?

We work with financial experts to ensure accurate valuation and fair division.

What if one spouse hides assets?

Courts take that seriously. We use discovery tools and forensic accountants to uncover hidden income or property.

Can we decide property division ourselves?

Yes. Through mediation or collaborative divorce, you can reach your own agreement, which the court can then approve.

Protecting Your Financial Future During Divorce

At Maura Barrett Law, we help ensure a fair, equitable division of marital property while safeguarding your long-term financial interests.

Discuss Your Property Division Options