Business Asset Division in a New York Divorce
Long Island Divorce Lawyer Explains Factors of Property Distribution
divorce, equitable distribution of marital property can also include any assets
and property accumulated through a business during marriage. If you and
your spouse were business owners or partners while married, you cannot
wait to hire a Long Island divorce lawyer who can help you fight for the
settlement you deserve. Business asset division is often a complex
high net-worth divorce process that requires experienced legal counsel and representation.
The most important step in
asset division is to establish whether or not the business is considered marital or separate
property. Marital property is distributable under New York family law,
while separate property is not. For example, if one spouse owned the business
prior to marriage and the other spouse was not involved in the business
at all, it is likely that the property is not distributable. If the two
spouses started the business together while married, however, equitable
distribution may apply. Contact Samuelson Hause & Samuelson, LLP right
away to retain a Long Island divorce attorney who can help. Our legal
team has a deep understanding of marital law and can fight skillfully
to protect your business assets from unfair division.
Retain a Family Law Attorney
Each of our lawyers has more than two decades of experience in marital
law. Together, we share more than 100 years of legal experience that can
be used to the benefit of your case. Contact us today by filling out our
online evaluation form to schedule your complimentary phone consultation
with a divorce lawyer in Long Island. We are AV® Rated by Martindale-Hubbell®
and have been included in
Super Lawyers®. The sooner you retain an attorney, the better protection your business
assets will have, so don't wait.
Contact our firm today!