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Forum - Inheritance and Divorce in New York

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ryanhugh
(1 post so far)
26.10.2024 16:59 (UTC)[quote]
In New York, inheritance and divorce laws intersect in complex ways, significantly impacting the distribution of assets during marital dissolution. Inheritance is generally considered separate property, not subject to equitable distribution during divorce unless mixed with marital assets or intentionally converted to marital property. In New York follows equitable distribution, dividing marital assets fairly, though not necessarily equally. Assets acquired during marriage are generally considered marital property. Inherited assets may influence divorce settlements, potentially affecting spouse support and property division. Key considerations include prenuptial agreements, estate planning, and seeking legal advice. Additional resources include the Inheritance and Divorce in New York, New York Court of Appeals, and the American Academy of Matrimonial Lawyers. Consult with a qualified attorney for personalized guidance on inheritance and divorce laws in New York.

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