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Marital Waste and Property Division In Your Divorce
New York is an equitable distribution state. This means that only property acquired during a marriage is subject to division during divorce. In trying to divide marital assets fairly, New York courts consider a variety of factors, including non-monetary contributions, contributions to the spouses’ education, and marital waste.
Understanding Marital Waste
Over the course of a marriage, the assets obtained by a couple make...