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 ®
Testimonials
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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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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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“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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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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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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“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
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“Divorce is a very emotional and draining process to go through. I was given a few recommendations for divorce attorneys and made appointments to consult with all of them.”C. Jordan
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“I knew I had to switch lawyers after a long drawn out process. When I walked into Wendy’s office with a deadline of about a week she took the case immediately and she and Anna”Keri S.