Monthly Archives: October 2016

Practical Guidelines to Dividing the Marital Estate

Practical Guidelines to Dividing the Marital Estate by Sandy Balick

{2:36 minutes to read} New York’s equitable distribution law and the state’s matrimonial courts are quite supportive of the efforts of divorcing spouses to reach voluntary agreements regarding the manner in which assets and debts of the marital estate are distributed between them. Mediation offers an ideal environment with which to achieve these voluntary workouts.

In mediation, the parties are free to shape their agreements to reflect both a mutual sense of fairness and a practical recognition of future financial need and ability to fund separate lifestyles.

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