It can be tricky trying to figure out in which category your property falls when getting divorced in New York. There are two main categories: marital property and separate property. Determining which asset goes where is vital to the division of property in a divorce case.
Marital property, is the property that will be subject to division when the couple files for divorce. Marital property includes any and all real property you purchased during the marriage with your spouse. These items include, but are not limited to, the following:
– Cars, boats, furniture, artwork, planes and other items purchased during the marriage.
– Bank accounts, cash, securities, stocks and retirement accounts opened during the marriage.
– Permits for specialized business and any educational degrees acquired during the marriage.
The Law Offices of Joseph S. Gulino, Jr., Esq., PLLC will work diligently to ensure that your property is potected. We are experienced in handling all matters of divorce and will represent you with your best interest as the priority. Call the Law Offices of Joseph S. Gulino, Jr., Esq., PLLC at (914) 292-9272 for a consultation.