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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Gratitude- This is what I'm filled with as a result of Wendy and Anna handling my divorce. Expertise combined with warmth and humanity made what was the most difficult time in my life conclude most satisfactorily! No small feat in a divorce proceeding!Jorden Weiss
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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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You (Elliot D. Samuelson) are one of the most active people I know and I congratulate you on the honors bestowed upon you by the New York State Bar Association. It’s nice to know that you have given of yourself to make our profession better.V.R.B. - Former Justice of the Appellate Division
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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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“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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“I almost never leave reviews so that means a lot that I am leaving one here for Wendy Samuelson. I cannot say enough positive things. I went into the consultation with trepidation of my situation and she gave me the factual reassurance I needed. She advise”Tara G.
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“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.
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“Despite the unpleasant nature of divorce, the attorneys at Samuelson Hause PLLC were a pleasure to work with.”J.F., Finance
