Equitable Distribution

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    Equitable Distribution

    Do you need legal help?




      Equitable Distribution




       

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        Michael has helped me tremendously.  I’ve been going through a divorce for over a year now and he’s be there every step of the way.  If I needed to contact him out of business hours, he always answers right away or calls back in a timely manner.  My divorce was and still is very stressful.  He has kept me cool and calm the whole time.  I’ve had a lot of anxiety that he took away.  Very detailed and very relaxed person.  Made me feel so much more confident than I was before I stepped into his office.

        Sierra Breese / Google

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        Michael has helped me tremendously.  I’ve been going through a divorce for over a year now and he’s be there every step of the way.  If I needed to contact him out of business hours, he always answers right away or calls back in a timely manner.  My divorce was and still is very stressful.  He has kept me cool and calm the whole time.  I’ve had a lot of anxiety that he took away.  Very detailed and very relaxed person.  Made me feel so much more confident than I was before I stepped into his office.

        Sierra Breese / Google

        Read more reviews →

        Michael has helped me tremendously.  I’ve been going through a divorce for over a year now and he’s be there every step of the way.  If I needed to contact him out of business hours, he always answers right away or calls back in a timely manner.  My divorce was and still is very stressful.  He has kept me cool and calm the whole time.  I’ve had a lot of anxiety that he took away.  Very detailed and very relaxed person.  Made me feel so much more confident than I was before I stepped into his office.

        Sierra Breese / Google

        Read more reviews →

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        Rochester Divorce Lawyer Handling Equitable Distribution

        Applying Principles of Equitable Distribution in New York Divorce

        In the early stages of a divorce, it can be hard to figure out the specifics of property division. How much of the marital property should you expect to receive? What about the debts? Do the spouses agree on just what the marital assets or liabilities cover? For dependable advice about property division issues and asset protection in New York divorce, contact experienced Rochester Divorce Lawyer Michael D. Schmitt.

        Skillfully Handling Equitable Distribution Matters in Rochester

        Our Rochester Divorce Lawyer works closely with each client so that you achieve a practical understanding of New York’s equitable distribution rules and how they might apply in your case. Even though equitable distribution means a fair division rather than a strictly equal one,
        New York family courts tend to take an even split as the main objective, unless one side or the other can show that a different distribution scheme is appropriate under the facts of the case.

        The starting point is to develop an accurate idea of the value and character of the marital assets and liabilities. Bearing in mind that we’re speaking in terms of equity rather than market value, our experienced Rochester Divorce Lawyer will work to answer the following questions:

        • What assets are included as marital property?
        • What’s the value of the equity in each asset?
        • Did each spouse make a complete and accurate disclosure of income, assets and liabilities?
        • Will spousal maintenance be an important issue in the divorce?
        • Will either spouse claim particular assets as separate property that won’t be considered in the marital property division?
        • Are there any separate debts?
        • Were any assets improperly transferred out of the marital estate before the divorce or separation?

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        Marital assets will generally include any property acquired by either or both spouses during the marriage: house, vehicles, pensions, investment or vacation property, and just about anything else that was not a gift or inheritance. Once we get answers to the questions listed above, our Rochester Divorce Lawyer can start negotiating a property division agreement with the other side.

        Do you have questions about equitable distribution and division of assets in New York? Contact our Rochester Divorce Lawyer for a free consultation.

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        Client Reviews

        “Mike will end all your distrust and annoyance associated with legal proceedings. He handled my divorce and did an amazing job keeping it out of court and getting me what I wanted. He was there to talk to the whole time and made me feel he was on my side by his comments and advice. He is now representing my girlfriend for her custody battle and he was the only lawyer we would contact to handle the case. He is truly a good person which is hard to find with people associated with the law in this country. Thank you Mike for everything you have done for me and for everything you are doing for my girlfriend.”

        -Peter

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