Brooklyn Division of Marital Property Lawyers
At Goldberg Sager & Associates in Brooklyn, New York, our experienced family law attorneys assist clients with the division of marital property during their divorce. We have more than twenty years of experience handling these types of matters for clients across New York City and the surrounding communities.
Contact us today for professional representation and responsive service.
Division of Marital Assets
While not generally a 50-50 split, all assets acquired during the marriage are subject to equitable distribution during the divorce. The division of marital property or the splitting of joint assets typically includes dividing the marital home, real estate, pensions, and bank accounts.
Assets and Debts
It also includes division of marital debts. It is important that all potential sources of debt are discovered before your settlement is made final, as a court is unlikely to permit a modification to the division of marital property. If your soon-to-be ex-spouse had a credit card with your name on it, you will still be responsible to the credit card company if they fail to make payments and if it is not accounted for in the settlement, you would have no recourse against them.
Factors used in a Property Division
Factors considered in property division and asset division matters are:
- Length of marriage
- Health of divorcing spouses
- Age of spouses
- Monetary contribution to the marriage (as provider or homemaker / housewife)
Brooklyn divorce lawyer Karen Goldberg Sager is a well-respected practitioner in the field of family and marital law, and has extensive experience regarding marital asset division. She leads our firm in advising clients during the family law process.
Qualified Domestic Relations Orders (QDRO)
We also handle issues related to a qualified domestic relations orders (QDRO) that deal with retirement plan assets and provide for the distribution of a pension. Our firm can help you secure the appraisal of assets for true value, including of the marital home, which considers the value of the home, the amount owed, and the equity.
Contact us for experienced representation for your divorce settlement.
