When deciding to go through with a divorce, it’s easy for spouses to enter the process, thinking all assets will be split 50/50. But is this the case? Here at Simonetti & Associates, we hold the answer to this question. Our divorce lawyer in Eastport will walk you through what goes into asset distribution and whether or not you should expect a 50/50 split.
Equitable Distribution and 50/50 Splits
In some states, all marital assets are split 50/50 between the parties during a divorce proceeding. However, in New York State, the marital assets are split “equitably,” which is not necessarily “equally.” Fortunately for our client, our divorce lawyer in Eastport is well versed in handling this issue. We’ll take all the aspects that go into the court’s decision making process into account when building our case, including the below:
- Assets that were obtained before the marriage.
- Assets accumulated throughout the marriage.
- The length of the marriage.
- Earning capacity of both spouses.
- One or both spouses need to relocate.
- Potential custody agreements.
- Mental and physical health of both spouses.
Working With Our Divorce Lawyer In Eastport
Clients concerned with losing ownership of specific assets during their divorce must work with a top legal team to help prevent this. Here at Simonetti & Associates, we’d love to be that team. Our divorce lawyer in Eastport will build a case that shows the court that you should retain ownership of certain assets and will challenge any decisions that do not end in your favor.
Going through a divorce should not mean you have to sacrifice certain assets. At Simonetti & Associates, we’ll work hard to prevent this from happening. For more information on how we can help, contact our divorce lawyer in Eastport today.