How Does Separate Property Become Marital Property in New York? by New York Family Law Group Are you facing the challenging process of divorce in Manhattan, New York? Property division can be one of the most complex aspects of divorce, and it's crucial to have a knowledgeable and experienced divorce lawyer by your side. In this informative video, we delve into the intricacies of property division during divorce proceedings and shed light on the role of a New York divorce lawyer in protecting your interests. New York Family Law Group 450 7th Ave, New York, NY 10123, United States (347) 212-5113 https://www.newyorkfamilylawgroup.com/how-does-separate-property-become-marital-property-in-new-york/ https://www.google.com/maps/place/New+York+Family+Law+Group/@40.7513609,-73.9905976,17z/data=!3m1!4b1!4m6!3m5!1s0x89c2590a7b5f15bf:0x14b90e494c624d2a!8m2!3d40.7513609!4d-73.9905976!16s%2Fg%2F11twq8kszz?entry=ttu When couples decide to tie the knot, they bring their own assets and properties into the marriage. These pre-existing assets are typically classified as separate property in the state of New York. However, as the marriage progresses, separate property can become marital property, leading to complexities in the event of a divorce. Our Manhattan divorce lawyers understand the process and are well-versed in the laws and regulations regarding property division. At New York Family Law Group, we offer personalized guidance tailored to your unique circumstances. Our experienced team of divorce lawyers in Manhattan will assess your case, ensuring that you understand your rights and entitlements. We are committed to striving for a fair division of assets and protecting your interests throughout the divorce proceedings. In the state of New York, property is classified into two main categories: separate and marital property. Separate property includes assets acquired before the marriage, inheritances, and gifts received solely by one spouse. Marital property, on the other hand, encompasses assets acquired during the marriage, regardless of the name on the title. Equitable distribution, as mandated by New York law, governs the division of marital assets. During the consultation with our divorce lawyers, we will discuss your assets, debts, and preferences for property division. We will guide you through the concept of equitable distribution and explain the factors the court considers, such as the length of the marriage, financial contributions of both parties, and the value of the assets. Our goal is to advocate for a favorable outcome that ensures your separate property rights are preserved and that you receive an equitable distribution of marital assets. Divorce proceedings in New York involve multiple steps, including filing a summons and complaint, exchanging financial information, negotiating a settlement, and potentially going to trial. It's essential to have skilled legal representation to navigate these complexities and achieve the best possible outcome for your case. If you're facing divorce in Manhattan, don't navigate the process alone. Contact our Manhattan divorce lawyers at New York Family Law Group for a consultation. We understand the emotional and legal challenges of divorce, and we are here to support you. Let us protect your interests and guide you through the legal intricacies of property division. Call us today at (347) 212-5113 to schedule a consultation and take the first step towards a brighter future. What is marital property and separate property in NY? Is NY a separate property state? Is a house owned before marriage marital property in NY? Is New York a marital property state?