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Inheritance and Divorce in New York
Inheritance and Divorce in New York
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Ryan hugh
7 posts
Nov 04, 2024
2:00 AM
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In New York, inheritance and divorce laws intersect, affecting property division and spousal support. Inheritance received during marriage is separate property and not subject to equitable distribution. Inheritance can mix with marital assets and can convert separate property to marital property. Courts consider inheritance in determining spousal support. Factors considered in divorce include marriage length, income, health, age, and household contributions. Protecting Inheritance and Divorce in New York involves prenuptial agreements, postnuptial agreements, trusts, and keeping it separate. Tax implications on inherited assets and potential liabilities should be considered. Consult an experienced divorce attorney for informed decision-making.
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