Month: February 2023

How does a professional degree or license obtained during a marriage factor into equitable distribution of assets in a divorce proceeding in New York State?

A professional degree (or license) obtained during a marriage is considered marital property subject to equitable distribution in New York State divorce law. The degree’s value is measured in “the enhanced earning capacity it affords the holder” as demonstrated by the...

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What are hidden assets?

In a divorce, not only is there a division in the family but also a division in assets. During the proceeding, one of the things that you will have to discuss is marital asset distribution. The purpose of this is to ensure equal distribution of marital assets between...

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