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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Accredited By the Better Business Bureau (BBB®) for High-Quality, Ethical Legal Practices
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Top-Tier Matrimonial Law Firm with US News & World Report
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Three Attorneys Listed in New York Super Lawyers ®
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Many thanks for recommending Wendy Samuelson for my sister. She is very pleased with her and has signed a retainer. This was a huge step for my sister - one that has taken many years. Having a caring and compassionate attorney made it happen.Anonymous
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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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“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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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
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“My ex-husband started the proceedings of our separation in the Winter of 2005. I met Richard Hause after being quite disappointed with my previous experience with a counselor. I was impressed from the very first meeting by his knowledge of divorce laws and”R. Rita Mosca
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Very tough divorce case but Wendy and Anna assisted me in every way possible and are wonderful people to talk to!Todd
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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