Buffalo Equitable Distribution Lawyer
Equitable distribution involves the dividing of marital assets as a result of the termination of a marriage.
Some of the factors that are evaluated when determining equitable distribution are:
- Age and health
- Income and earning power
- Property of each spouse
- Duration of marriage
- Probable future financial circumstance of each spouse
- Value each spouse contributed to family
- Responsibility for providing for children, tax, inheritance and pension consequences
- Liquidity of property and assets
- Wasteful dissipation of assets by either spouse or economic fault
- Spousal support or maintenance payments