Long Island Equitable Distribution Attorneys

Equitable distribution refers to dividing and allocating a couple’s marital and separate property during a divorce. Any jointly held assets, property or debt is subject to identification, valuation and distribution. Before equitable distribution takes place, the couple and their attorneys must sit down and determine which of the couple's assets are considered marital property and which is considered separate property.

Marital Property
Property that either spouse acquired during the marriage is considered marital property with certain exceptions. Common types of marital property include real estate, bank accounts, debt, cars, jewelry, pensions, time shares, and appreciation of assets during the marriage.

Separate Property
Separate property is any property, asset or debt that a spouse acquired before the marriage or after the divorce was finalized. Inheritances, gifts from third parties, or compensation for personal injuries are also considered separate property even if received during the marriage if kept separate. Separate property is not subject to equitable distribution and remains the property of the original owner.

Distribution of assets can be determined either by the couple or the courts. When a couple cannot amicably come to an arrangement the courts will do it for them. Determining how property will be divided has the potential to be a very complicated and emotionally difficult experience. Many property owners have sentimental connections to their belongings and don’t want to lose them in a divorce battle. Hiring a skilled New York family law attorney will protect your assets and legal rights.

Contact Long Island Equitable Distribution Attorneys

At the law office of Winkler, Kurtz, Winkler & Kuhn we understand that many individuals feel especially vulnerable during these difficult times. Our attorneys strive to maintain close relationships with their clients in order to provide the highest quality legal representation and care. The lawyers at Winkler, Kurtz, Winkler & Kuhn have extensive experience representing clients in the New York Supreme and Family Courts and put forth every effort in securing a successful outcome.

If you are in need of an accomplished New York matrimonial and family law attorney, contact the office of Winkler, Kurtz, Winkler & Kuhn today. Hiring your own attorney separate from your spouse will ensure that your personal needs, concerns, and desires are protected, fought for, and achieved.