Peter L. Cedeño & Associates, P.C. - Divorce
Request A Case Consultation

Call: 646-475-3656

Asset Distribution Attorney

Contact A New York City Divorce Lawyer

If you are getting a divorce, it is crucial that your rights to your assets are protected throughout the divorce process. Even if you anticipate an amicable divorce, emotions are an inevitable part of the divorce process that can have an effect on the distribution of assets between you and your ex-spouse. Thus, it is still crucial to have an advocate in your corner in case things take a turn for the worse.


Put 20 Years Of Legal Experience To Work For You


At Peter L. Cedeño and Associates, P.C., our lead New York City divorce attorney, Peter L. Cedeño, not only has 20 years of legal experience but was a former prosecutor as well. Thus, you can be sure that he knows his way around a courtroom. Striving for a fair divorce settlement is best, but if a situation becomes difficult, we have the negotiation and courtroom skill necessary to be your strongest and most persuasive advocate.

Protect Your Property Rights

When people marry, each spouse brings separate property to the marriage. The couple also acquires property together during the marriage (marital property). Marital property is divided fairly (but not necessarily equally) between the two spouses.

When couples seek a divorce in New York, they are free to reach a property settlement in regards to their separate and marital property. If the spouses are unable to reach a settlement agreement, the judge makes every effort to divide the couple's marital property as fairly as possible in accordance with the law.

Discuss your asset distribution with a New York City divorce attorney today!

We Went To Court Several Times And We Won

View More Testimonials

Marital Vs. Separate Property

Under New York's Domestic Relations Law, marital property is all property acquired by either spouse during the marriage and before the separation agreement, or commencement of the matrimonial action, regardless of how the title is held. In the absence of a premarital agreement which excludes certain property from a marital estate, it is presumed that property acquired during the marriage is "marital property."

Marital property that consists of shared assets includes:

  • Pension benefits
  • Real estate
  • Automobiles
  • Airplanes
  • Boats
  • Artwork
  • Furniture
  • Stocks
  • Bank accounts
  • Retirement accounts

Laws pertaining to asset distribution may be found in Article 13 of the New York Code - Domestic Relations (Dom. Rel. Law § 236).

Separate property includes:

  • Possessions acquired before the marriage;
  • An inheritance or gift from someone other than the spouse;
  • Personal injury compensation;
  • Property received in exchange for separate property;
  • Separate property as defined in a prenuptial agreement;
  • Increase in value of separate property, unless its appreciation is due to contributions from a spouse's efforts.

Separate property remains separate unless you have commingled it with your spouse. If you commingle separate assets with your marital assets, the judge may consider all or a part of it as marital assets and distribute it accordingly.

Contact Peter L. Cedeño And Associates, P.C.

If you are seeking a divorce, contact a New York City family law lawyer from our office. Our goal is to save you time and money by reaching a settlement with your spouse's attorney, but if your spouse fails to reach a fair agreement, we stand ready to fight for what you deserve. With two decades of experience, we know how to fight for your rights under New York law.

Contact our office today to learn more about asset distribution.

EMAIL US FOR A RESPONSE

How Can We Help?

Get started with an initial case evaluation.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

brand

Office Location:
111 Broadway
Suite 707
New York, NY 10006

Phone: 646-475-3656
Fax: 646-760-5544
New York Law Office Map

phone numbers: