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Business Asset Division

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?

  • Accredited By the Better Business Bureau (BBB®) for High-Quality, Ethical Legal Practices
  • Included In Best Lawyers In America
  • Top-Tier Matrimonial Law Firm with US News & World Report
  • Three Attorneys Listed in New York Super Lawyers ®

Testimonials

Our Determination & Dedication Is Recognized by Our Clients
    “Great choice!”
    “The entire team at Samuelson Hause PLLC, worked respectfully hard with very limiting deadlines, accomplishing so much with the utmost confidence. Despite such a hard time with difficult decisions, I made a great choice in working with Wendy.”
    Bart Tarulli, CEO of Rejuvenol
    “Always return your calls!”
    “If you want a divorce lawyer who will always return your calls, keep the process running smoothly, and guide you through the inevitable conflicts and hurdles, I highly recommend”
    P. Whitrock, R.N.
    “I couldn’t have done this without them.”
    “I couldn’t be more satisfied with the outcome and the hard work that they put forth for me. Their integrity, honesty and conscientiousness were invaluable to me. They kept me strong and focused in the right direction at all times.”
    Dr. D.S., Field of Neonatology
    “Among the leading divorce attorneys on Long Island.”
    In selecting Elliot Samuelson as among the leading divorce attorneys on Long Island, over 185 interviews were conducted over a 7 month period. Mr. Samuelson is the author of 5 books including Matrimonial Motion Practice in New York. He has been named to “Ten Leaders” of Matrimonial and Divorce Law of Long Island.
    Digital Press International
    “Efficient workplace.”
    “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
    “I highly recommend this firm, and can’t thank them enough.”
    “I wanted to thank the team at Samuelson Hause PLLC, for helping me through one of the most difficult times in my life.”
    M.L., Esq.
    “Unbelievably receptive, caring, and completely understanding.”
    “My case was a logistical nightmare, as it was mixed within 2 different states and multiple attorneys were involved. They had to work in conjunction with my attorney in my home state (not New York), all while being extremely detail-oriented”
    N.G.
    “I would recommend Ms. Samuelson without hesitation.”
    “How do you choose a matrimonial attorney? Referrals. I was referred to Wendy Samuelson of Samuelson Hause PLLC by an attorney friend of mine who is a partner in a large multi-specialty Manhattan law firm. Why do you stay with a professional? Demonstrated r”
    JK, Esq. - Former General Counsel for the US division of an international bank
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Reasons to Choose Our Firm

  • Two of Our Attorneys are Members of the American Academy of Matrimonial Lawyers (AAML)
  • Accredited By the Better Business Bureau (BBB®) for High-Quality, Ethical Legal Practices
  • Included In Best Lawyers In America
  • Top-Tier Matrimonial Law Firm with US News & World Report
  • Three Attorneys Listed in New York Super Lawyers ®
  • AV Preeminent® Rated by Martindale-Hubbell®, the Highest Rating in Legal Ethics & Professional Practice