Index
New York Domestic Relations Law Section 236-B
Summary
Establishes the process for 'Equitable Distribution,' where marital property is divided fairly but not necessarily equally.
Rights & Rules
- 01.The right to a share of assets earned or acquired during the marriage.
- 02.The right to keep separate property owned before the marriage or received as an inheritance.
- 03.The right to have non-monetary contributions (like homemaking) valued during asset division.
Penalties
- 01.Sanctions for the non-disclosure of financial assets.
- 02.Forfeiture of a larger share of assets if waste or hidden accounts are discovered.
- 03.Responsibility for the other party's legal fees.
Verified Citations
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