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In New York, property division is a complex process guided by the principle of equitable distribution, considering factors like marriage duration, financial contributions, and individual needs. Distinguishing marital and separate property is crucial for a comprehensive evaluation. The valuation of assets, including businesses and debts, adds complexity. Negotiation and mediation strategies are available, and legal counsel is essential for a well-informed property division tailored to individual circumstances. https://srislaw.com/new-york-divorce-property-division/ |
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