M
millebobby
@millebobby
New York divorce laws govern the division of marital assets, categorized as marital or separate. Marital assets include real estate, personal property, bank accounts, investments, and businesses. Separate assets include assets acquired before the marriage or by gift or inheritance. Factors considered include length of marriage, income, age, contributions, asset value, and debts. Asset division can be done through equitable distribution, mediation, or arbitration. Courts can issue property settlement agreements, QDROs, and separate property orders.
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