Practice Areas

Property Division Divorce Attorney

Get the fair share of marital assets you deserve. Our skilled property division attorney team fights for equitable distribution that protects your financial future and property rights.

A balanced scale showing a house on one side and a family on the other, symbolizing fair asset distribution handled by a property division attorney.

Property division, also known as equitable distribution, determines how marital assets get divided during divorce. A knowledgeable property division attorney helps you identify all marital property, accurately value assets, and fight for a fair division that reflects your contributions to the marriage. At Krasner Law, we understand that property division decisions affect your financial security for years to come.

Dividing marital property involves complex analysis of real estate, retirement accounts, businesses, investments, and personal property acquired during marriage. Our property division lawyers have extensive experience navigating New York’s equitable distribution laws and advocating for divisions that reflect your unique circumstances. Whether you’re dealing with a high-asset divorce or protecting family property, we provide the skilled representation you need.

Property division cases require careful attention to several important factors:

Asset Identification: Locating and cataloging all marital property, including real estate, bank accounts, retirement funds, investments, business interests, and valuable personal property.

Valuation Analysis: Determining accurate fair market values for real estate, businesses, collections, and other assets that require professional appraisal.

Separate vs. Marital Property: Distinguishing between property owned before marriage or received as inheritance/gifts versus property acquired during the marriage.

Debt Allocation: Addressing how marital debts, including mortgages, credit cards, loans, and business obligations, get divided between spouses.

Our property division attorney team works diligently to build strong cases supported by thorough financial documentation and clear presentation of relevant factors that influence equitable distribution decisions.

If you have any questions please call the number below and speak with a professional attorney who will help you through the process.

(917) 589-6519

Leona@Lkrasner.com

Why Choose Krasner Law for Your Property Division Case?

Experienced Advocacy for Complex Asset Division

When your marital assets are at stake, you need property division lawyers who understand both the legal requirements and the practical realities of equitable distribution. At Krasner Law, we take a comprehensive approach to property division cases, making sure every asset gets proper consideration. Here’s how we can help:

Complete Asset Discovery: Conducting thorough investigation to locate all marital property, including hidden assets, offshore accounts, and undisclosed business interests.

Professional Valuations: Working with appraisers, forensic accountants, and business valuation professionals to determine accurate asset values.

Strategic Negotiation: Pursuing fair distribution through settlement negotiations that avoid costly litigation when possible while protecting your interests.

Marital vs. Separate Property Analysis: Proving which assets should remain separate property based on pre-marriage ownership, inheritance, or gift documentation.

Business Interest Protection: Protecting closely-held businesses, professional practices, and entrepreneurial ventures from unfair division demands.

A comprehensive property division case addresses several key areas:

Real Estate Division: Determining how to handle the marital home, vacation properties, rental properties, and land holdings through sale, buyout, or continued co-ownership.

Retirement Account Distribution: Dividing 401(k)s, IRAs, pensions, and other retirement assets using Qualified Domestic Relations Orders (QDROs) that avoid tax penalties.

Investment Portfolio Split: Allocating stocks, bonds, mutual funds, and other investment accounts while considering tax implications and future growth potential.

Business Valuation and Division: Assessing the value of family businesses, professional practices, and closely-held corporations for equitable division or buyout.

Personal Property Allocation: Dividing furniture, vehicles, jewelry, art collections, and other valuable personal items acquired during marriage.

Our property division lawyers make sure all aspects of your asset division case are thoroughly prepared and effectively presented to achieve fair results.

Frequently Asked Questions About Property Division

Everything You Need to Know About Equitable Distribution in New York

Have questions about property division? We’re here to help. Below are answers to common questions about equitable distribution and asset division in New York.

What is equitable distribution in New York?

Equitable distribution means marital property gets divided fairly, not necessarily equally. A property division attorney evaluates factors like marriage length, income, age, and contributions to determine fair division.
What’s the difference between marital and separate property?

Marital property includes assets acquired during marriage, while separate property includes assets owned before marriage or received as inheritance or gifts. Our property division lawyers help prove which assets should remain separate.
How is the marital home divided in a divorce?

Options include selling the home and splitting proceeds, one spouse buying out the other’s share, or continuing co-ownership temporarily. Your property division attorney helps determine the best approach for your situation.
Can I keep my business in the divorce?

Yes, if the business qualifies as separate property or if you can buy out your spouse’s share based on professional valuation. We work with business appraisers to protect your entrepreneurial interests.
How are retirement accounts divided?

Retirement accounts are divided using Qualified Domestic Relations Orders (QDROs) that split funds without tax penalties. Our property division lawyers handle QDRO preparation and submission.
What if my spouse hides assets during divorce?

We conduct thorough asset discovery using subpoenas, forensic accounting, and investigation to locate hidden bank accounts, offshore holdings, and undisclosed property.
How long does property division take?

Timeline varies based on asset complexity and cooperation levels. Simple cases may resolve in months, while complex high-asset divorces can take a year or more to properly value and divide all property.
Can property division be modified after divorce?

Generally no, property division is final once the divorce is complete. This makes it critical to work with experienced property division lawyers who get it right the first time.
What happens to debt in a divorce?

Marital debts get allocated between spouses based on who incurred them, who benefits, and each spouse’s ability to pay. Credit card debt, mortgages, and loans all factor into equitable distribution.
What areas do you serve for property division cases?

We represent clients in property division matters throughout New York and New Jersey.

What Our Clients Are Saying

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If you are looking for a lawyer who genuinely cares and will stand by your side until your case is resolved, look no further. From start to finish, Leona exceeded every expectation. She is incredibly knowledgeable and professional. She remained unwavering in her pursuit of the best possible outcome for my case. I also cannot say enough about her amazing paralegal team. I wholeheartedly recommend Leona and her team!

Charlene P

5 stars does not quite give the entire picture of just how dedicated Krasner Law is to ensuring their clients best interests! I have worked with this law firm previously and I must say that Leona Krasner and her team are making waves in the Matrimonial and Family Law practice in Greater New York City and the State of New York! You will not find a firm that works harder, pays attention to detail, or that gets better results for their clients! I highly recommend this firm if you’re looking for a solution to your legal problem(s)!

Cannon Kearney

From start to finish, my experience was nothing short of exceptional. Leona is a true professional—she is able to maintain professionalism while making you feel comfortable. Leona is an absolute shark in the best way possible. She is firm and ensured I got everything I wanted and more. Her assertiveness and expertise gave me confidence throughout the process. I’m so grateful for everyone’s help and would undoubtedly recommend Leona’s team!

Natalie

Krasner Law was amazing. They really took the time to hear my story and made sure we took the best approach to support my case. Leona and her team were knowledgeable, professional, but still caring and compassionate. Erica was patient and took the time to help me understand all of the crazy court forms. She made me informed and comfortable at every step. I highly recommend using their services for any family law needs.

Chelsea Fone

I had the pleasure of meeting Leona Krasner and I can’t recommend her highly enough. She is incredibly professional, knowledgeable, and dedicated to helping her clients with all aspects of family law. If you’re looking for someone who truly cares about your needs and will work diligently on your behalf, Leona is an excellent choice. Highly recommend!

Anthony Castro

I highly recommend Krasner Law PLLC for family law matters. I worked with Leona and her team at Krasner Law for over a year and I was inspired by the teams enthusiasm and dedication to their work on a daily basis. Leona is a passionate and determined attorney who is supported by an equally compassionate and conscientious legal team. Erica in particular is highly skilled, attentive and proficient. The team are committed to providing the best service for their clients and I could not recommend them more.

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