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" Spodek Law Group have offered me excellent support and advice thru a very difficult time. I feel I've dealt with someone who truly cares and wants the best outcome for you and yours. I'm extremely grateful for all the help Spodek Law Group has offered me. I can't recommend them..."David Bruce
" Spodek Law Group was incredibly professional and has given me the best advice I could wish for. They had been helpful and empathetic to my stressful situation. Would highly recommend Spodek Law Group to anyone I meet."Rowlin Garcia
" Best service I ever had. Todd is absolutely class personified. You are in the safest hands with spodek. They have their clients interest in mind."Francis Anim
The Emotional Side of Property Division
The end of a relationship is always a difficult time. When that also includes division of property, things become both more complicated and more emotionally weighty. In some cases, the couple can draw up a plan and everything proceeds smoothly. In other cases, the interaction becomes acrimonious, plans fall through, and the process is more challenging. The issue for you is that there is often no way to tell how it will go until it happens. That is why it is important for you to retain a lawyer well before things become potentially toxic.
Getting A Property Division Lawyer is a Wise Move
From the beginning, lawyers representing each side of a property division process can help the couple to create an organized plan for division that is in accordance with the law and represents the interests of both parties. The lawyers will provide a calming effect on the proceedings by channeling everything through the official and legal platforms. A good lawyer with experience will also know what kind of property division agreements are most likely to succeed and what points of dispute tend to flare up into greater conflict. Even if things seem to be working out, it is a good precautionary measure to get lawyers involved at the start of the process. They can help with the paperwork and other tasks that you need to complete while advising you about the court, precedent, and how you can settle on an equitable division.
After the first phase is over, several things can happen. One or more parties can change their emotional stance. For example, if they were very aggressive early on, they can mellow out and adjust to the process.
The opposite can also happen- people can realize how passionate they are about making sure they get their things. In either case, lawyers can provide a channel and a method for communication. Doing the negotiation through lawyers helps to codify and solidify the distribution of property. Moreover, the presence of the lawyers short-circuits the tendency that can sometimes happen where couples attempt to re-engage with old fights and disputes. It is much less tempting to do this when it is a lawyer on the other end of the phone or email.
What to Tell Your Property Division Lawyer
A lawyer is someone who will represent your interests. Their job is not to keep the peace or to make sure things are even: they work for you and you alone. Typically, during a division of property you will have an early meeting with your lawyer where you talk about your big-picture goals for how it will work, if there are any non-negotiables or things that are off the table, and how you want everything to go. This meeting is key and you have to be open and honest about what you want so that your lawyer can work to help you get it. That doesn’t mean that you need to give them the whole story of the relationship, but that you shouldn’t hold back about what you want to get out of the process.
You might expect that major items like cars and houses would be sticking points, but issues often come up around objects of sentimental value. These might be small and have little value on their own, but they become suddenly important. Once again, the lawyers work through items of any size and value. It can be hard to deal with things that cannot be split in half, so it is important to keep an objective list of what property is going to each person.
Marital Property vs Separate Property
In Kings County, all the property that a couple acquires in marriage is considered as a communal or marital property. The collection of these is called the marital estate. For this reason, it should be shared equitably between the spouses. Factors including the value increase of property or real estate accompanied by the retirement accounts have to be included in the divorce property division. The exception to this is inheritances and gifts.
When you married your spouse, you may have already been in possession of property, cash savings or investments. Your spouse may have come into the marriage with their own property, cash and/or investments, too. These items are referred to as separate property. You and your spouse have the ability to exclude specific pieces of property from the marital estate by entering into some form of legal marital agreement, such as a prenuptial or postnuptial agreement. On the other hand, without the existence of a written and signed agreement, the presumption is that all of property acquired during the marriage is indiscriminately classed as marital property. Inheritances, personal injury/worker’s compensation awards for pain and suffering and any third-party gifts are all exceptions to this rule
Frequently Asked Property Division Questions that May Arise
Having a Business in Marriage
If one spouse came into the marriage owning a business, and then the value of the business grew during the course of marriage, is any share of the business considered marital property?
The Family Residence
If you bought your home together as a married couple, and the idea of selling it to split up the proceeds between them is not a practical solution, then which spouse can continue to live in the home? Will that spouse be required to buy out the other spouse’s share?
Questions about Retirement Funds
In cases where one spouse compiled a great deal of retirement savings over the years of the marriage, is the other spouse entitled to any portion of those savings? If they are, how would those funds be split up?
You should have your Brooklyn property division lawyer who has experience handling these and a wide range of other situations that may come up in the property division part of your divorce.
The Final Stage of Property Division
The next step is to finalize the agreement and then proceed to actually take possession of the right items. Again, do not be surprised if things go poorly. There is a lot of pent-up emotion running through this process. That is why it is so much better to have plans worked out ahead of time and let the lawyers handle it all. Our firm has years of experience in dealing with property division under New York law, which has its own sets of challenges. We will stand by your side and represent your interests as we have done with our many previous satisfied clients. Our track record is strong. We understand that this is a difficult time for you and we know what kind of effect this can have on you, so our team is always professional, courteous, and supportive. Don’t want for things to become complicated: get in touch with us today to schedule a consultation where we can learn more about each other and settle on a strategy.
Divorces are full of contentious issues, but property division is one of the most difficult things to address. Finalizing a divorce doesn’t always end the disputes between spouses, and in most cases, one person has to recover personal items from the other. If the divorce has remained amicable, it’s easy to agree on a time to go and pick those things up. However, when ex-spouses aren’t on good terms, things can get complicated. Here, spouses will learn how they can retrieve the things to which they’re entitled.
Take Important Personal Items When Moving Out
One person (or both) will likely move out of the marital home before the divorce becomes final. If either person has items they’re sure they want to keep, it may be possible to take them when moving out. Before that happens, though, spouses should learn the differences between marital and separate property. This distinction may seem minor, but it’s crucial to what a person can legally do with certain items.
A spouse can take separate property even before a divorce becomes final. They can take marital property as well, as long as they’re honest about it in court. However, they may have to return it if the other spouse didn’t give his or her approval. Alternatively, the item’s value may be considered part of the spouse’s property award.
Recovering Personal Items After Leaving the Marital Home
An appropriate property settlement doesn’t just detail what spouses get in the divorce, it sets forth a deadline by which they must receive it. If a divorce decree contains such a stipulation, it’s important to get those items before time runs out, or the right to the item may be forfeited. Depending on the nature of the relationship between the ex-spouses, options for recovery of personal property might include:
Keep in mind, the most important thing is to get those personal items, not who will be retrieving them. In some cases, a vengeful ex-spouse may not allow the other person to get their things. This is illegal, and it’s possible to go to court and request an order that allows for the collection of the property. The court might hold the other spouse in contempt for violation of the settlement agreement. An experienced family lawyer can help a client file the proper paperwork.
Disposing of the Other Person’s Property
Once the divorce is filed, neither person can destroy, sell, or dispose of property without permission from the court or the other spouse. Even as the divorce becomes final, a spouse cannot get rid of things awarded to the other person until the time limit noted in the decree passes. If either person throws out or sells anything before the law allows it, the other spouse can file a claim for wrongful disposal. In cases where there’s no time limit, the ex-spouse still has to give the other person a reasonable amount of time, but there’s room for interpretation. Generally, as long as one spouse gives the other a deadline and sufficient notice, the court will regard it as reasonable.
Many of a person’s rights during a divorce depend on New York’s laws, as well as the property division agreement’s language and that of the divorce decree. If a client has any questions as to what property they’re entitled to or how to reclaim it, they should consult a family law or divorce attorney as soon as possible.
Spodek Law Group have offered me excellent support and advice thru a very difficult time. I feel I've dealt with someone who truly cares and wants the best outcome for you and yours. I'm extremely grateful for all the help Spodek Law Group has offered me. I can't recommend them enough.
Spodek Law Group was incredibly professional and has given me the best advice I could wish for. They had been helpful and empathetic to my stressful situation. Would highly recommend Spodek Law Group to anyone I meet.
Best service I ever had. Todd is absolutely class personified. You are in the safest hands with spodek. They have their clients interest in mind.
Our divorce lawyers provide superior service, and results, with a white glove touch that few others can deliver.
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