Business Division Lawyers in New York
How does Equitable Distribution affect Business Division?
When marital property is divided in New York during a divorce, if a business is owned by one or both spouses, it must be determined how the business will be divided. New York is an equitable distribution state which means all marital property must be divided equitably. This means that if a business was created during the marriage, it is considered marital property and subject to division. If a business was already formed before a marriage took place, unless there is a prenuptial agreement stating otherwise, the business may still be subject to equitable division under equitable distribution laws.
New York Divorce Attorneys
Business division can be a very touchy subject and will require the legal experience and care of a professional New York business division lawyer. In addition to the issues surrounding the division of a business; any business degrees, business licenses or MBAs that a spouse acquires during a marriage that may have contributed to an increased income may be subject to equitable distribution laws. Having a well-qualified and educated New York business division lawyer familiar with the divorce process on your side can be a great asset to your case. Whether you are looking to protect a business or looking to prove you have equitable sharing rights, a New York divorce lawyer at our firm can assist you through the many complexities that often surround business division in New York divorce cases.
Business division can be a very complex subject when facing divorce. At the Law Offices of Brian D. Perskin our attorneys have been providing clients with outstanding legal representation for over a combined 40 years. Our New York business division lawyers are very familiar with the subject of business division and New York's equitable division laws. If you are in need of a knowledgeable divorce attorney in Manhattan, Bronx, Brooklyn or Queens, New York please contact our office right away. We offer potential clients with a free case consultation in which we can discuss the details surrounding business division and divorce in New York.
Questions about business division, when facing divorce? Contact us today!