Law Office of Jeffrey W. Johnson
Law Office of Jeffrey W. Johnson
  • 36 Richmond Terrace
    Suite 202
    Staten Island, NY 10301
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Who Determines How Assets Are Divided In A Divorce?

  • By: Jeffrey Johnson, Esq.
  • Published: February 1, 2020

The two parties in a divorce can decide between themselves how to divide assets in a divorce. Most divorces are settled in this way. If they cannot agree, then a judge will decide after a trial.

New York is an “equitable distribution” state. This means that a court must decide what is a fair division of the marital property. This is almost always 50/50. Certain property is not considered marital property, such as inheritances and property owned before the marriage. Other property, such as pensions, must be professionally valuated.

 Law Office Of Jeffrey W. Johnson.

Call Now For A Free Consultation!
(718) 557-9767
We Have A Sliding Fee Scale!