If you and your spouse share significant assets, your property division in divorce can affect your finances for years to come. At Hawthorne & Vesper, PLLC, we work with couples and individuals in Buffalo and Western New York to ensure they receive a fair property settlement in divorce. New York is an equitable distribution state, which means that marital property isn’t necessarily split equally — but it must be divided fairly. In general, any property that you and your spouse have acquired while you were married is considered marital property during divorce. In addition to real estate, savings, stocks and other assets, your property settlement agreement also will divide debt and other liabilities. Any debt that you’ve taken on during your marriage, from student loans to a mortgage, is considered marital debt during divorce.
Representation Based On Your Financial Realities
Our attorneys work closely with our clients to fully understand their finances, so we can negotiate the best settlement possible for their situation. We will work to discover any hidden assets or debts, as these can lead to unfair settlements.
We recommend that you collect important records such as mortgage statements and tax returns to bring to your first meeting, so our lawyers can have a clear view of your financial situation.
Protect Your Rights And Your Future
Contact our office at 716-261-9835 or online to learn how we can help protect your financial future during the divorce process.