Business Asset Division in a New York Divorce
Long Island Divorce Lawyer Explains Factors of Property Distribution
In a 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 PLLC 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 New York Super Lawyers®. The sooner you retain an attorney, the better protection your business assets will have, so don't wait. Contact our firm today!
Why Choose Samuelson Hause PLLC?
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“A year before I decided to get divorced, I met with Wendy. I wasn't quite ready to pull the plug on my marriage, even though when I look back I realize it was over for years. I remember being impressed with Wendy's calm authority and the feeling that she w”M.D.
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“Having been married for over 43 years, I was a "deer in the headlights" when it came to facing the facts that my marriage was ending. I was recommended to Wendy Samuelson by a friend of a friend and from our first meeting, I knew she was the atto”P. De Riso
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“Clients I refer to Wendy always come back and tell me how professional she is. She listens to them, provides a caring voice, but is a strong attorney who gets results.”Warren M. Bergstein, CPA
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Richard Hause is a very capable, thorough attorney who really cares about his clients. He is the attorney you need when going through the stresses and travails of divorce.Lisa Doran
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“Dear Wendy, I want to thank you a million times from the bottom of my heart for your endless patience and willingness to look out for my welfare even though I was often too willing to bury my head in the sand.”Dr. A.R., Surgeon
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“Elliot Samuelson is one of the most prominent matrimonial attorneys in New York. He has published more articles than perhaps any other matrimonial attorney and talked shop on Larry King Live.”Long Island Business News, the pulse of Long Island business
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“Divorce is a horrible time in anyone’s life. It is filled with stress and life-changing decisions Samuelson Hause PLLC is a law firm that gives you the information and confidence to make the right decisions.”Michael Creagh
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“Life happens sometimes not in a good way. By pure chance and God's good grace, I came upon Samuelson Hause PLLC while searching for divorce lawyers in NY.”F.A.
