divorce lawyer buffalo ny
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divorce lawyer buffalo ny

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Separate Property, Divorce Lawyer Buffalo NY

Regardless of your circumstances, some property you own may not be part of the marital estate. The value of the separate property, however, can be taken into consideration when dividing the property that is part of the marital estate.

What is Separate Property in a Divorce in NY?

Separate Property

The following property is Separate Property.

1) Property acquired before the marriage, including real estate.

2) Property acquired by bequest, devise, or descent (inheritance).

3) Gifts from a party other than the spouse.

4) Compensation for personal injuries.

5) Property acquired in exchange for or the increase in value of separate property, except to the extent that such appreciation is due in part to the contributions or efforts of the other spouse.

6) Veteran's benefits exempt from attachment, levy or seizure pursuant to the laws of the United States, except when a Veteran has waived a portion of his military retirement pay in order to receive Veteran's compensations.

If you want a divorce and are searching for an experienced Divorce Attorney, near Buffalo, New York, look no further.

Free Consultation:

Please call (716)-656-7676 or CONTACT US for your free consultation. The first consultation is always free, and you will always speak directly to Stephen K. Underwood.

Stephen K. Underwood, Divorce Attorney
1395 Union Road West Seneca, NY 14224
Phone: 716-656-7676 URL of Map