Property Division Attorney in White Plains, New York

What is equitable distribution?

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equable distribution is New York’s law
on property distribution so all assets
that are acquired during the marriage
are subject to equitable distribution
the classic Line in New York is
Equitable does not mean equal so we
don’t just split up assets 50/50 we look
like I said earlier at the marriage as
an economic partnership and so we look
at direct and indirect contributions and
so for each ass
we not just look at the don’t just look
at the value of the asset we look at why
the asset is worth that and what each
spouse did to contribute directly and
indirectly and that can impact what
percentage of an asset each spouse may
or may not be entitled to at the end of
the resolution of the case

Westchester, NY family law attorney Andrea B. Friedman talks about equitable distribution. She states that equitable distribution is New York State’s framework for dividing property during a divorce. Under this law, all assets acquired during the marriage are subject to equitable distribution. Importantly, “equitable” does not mean “equal”—assets are not automatically split 50/50. Instead, the approach treats the marriage as an economic partnership, evaluating both direct and indirect contributions of each spouse. For each asset, the analysis considers not only its value but also the reasons behind that value and the role each spouse played in creating or supporting it. These factors can influence the percentage of the asset to which each spouse may ultimately be entitled at the conclusion of the case.

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