New York Divorce Laws Property

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New York divorce laws govern the division of marital property between spouses. Marital property includes assets and debts acquired during the marriage, while separate property includes assets and debts acquired before the marriage, through inheritance, or as gifts. The New York Divorce Laws Property division process involves identifying marital property, valuing it, and distributing it in an equitable manner. Factors considered include the length of the marriage, income, age, health, and contributions to the marriage. Separate property can be protected by keeping it separate, documenting its value, and seeking legal advice.