Ryan Besinque, a respected Manhattan property division lawyer, has published an enlightening article aimed at demystifying property division during divorce proceedings under New York law. The article, which focuses on the distinctions between “Community Property” and “Equitable Distribution,” is intended to guide individuals through the nuances of managing assets and debts amid divorce.
The Law Office of Ryan Besinque has long been committed to providing clear and experienced guidance to those navigating the difficult phases of divorce. “Understanding the legal framework surrounding property division in New York is crucial,” states Manhattan property division lawyer Ryan Besinque. “Our goal is to ensure that our clients can make informed decisions that protect their financial futures.”
In his article, Manhattan property division lawyer Ryan Besinque explains the key differences between the two predominant legal frameworks used to handle marital assets during divorces across various states. Unlike community property states where assets are divided equally, New York employs the equitable distribution model, which aims for a fair, but not necessarily equal, division of assets.
“Equitable distribution is designed to consider the unique circumstances of each case, ensuring a just division of marital assets,” mentions Besinque. This approach takes into account various factors, including the length of the marriage and each spouse’s financial contribution, which can significantly influence the final settlement.
Manhattan property division lawyer Ryan Besinque further discusses the critical distinction between marital and separate property, an area that often causes confusion during divorces. The article clarifies which assets are considered marital property, subject to division, and which are deemed separate property, thus not divisible upon divorce.
The comprehensive article also covers essential processes such as the identification, classification, valuation, and distribution of assets. These steps are crucial for achieving a fair division of property. Besinque emphasizes the importance of tracing separate property that has been commingled with marital assets, a common scenario in many divorces.
For couples unable to reach an agreement through negotiation, Besinque outlines the litigation process and the strategic role of a skilled attorney in such situations. “Whether through negotiation, mediation, or court proceedings, our office is equipped to help ensure that your interests are robustly represented,” he asserts.
The piece is not only informative but also serves as a valuable resource for those facing the prospect of divorce and concerned about the financial implications. By shedding light on a complex subject, Besinque helps demystify the steps involved in property division, empowering individuals to approach their cases with confidence.
To further explore the insights shared by Ryan Besinque or to read the full article, individuals are encouraged to visit The Law Office of Ryan Besinque’s official website.
About The Law Office of Ryan Besinque:
Situated in the heart of Manhattan, The Law Office of Ryan Besinque can handle a wide range of family law issues, with a particular focus on the division of property during divorce proceedings. The firm is renowned for its diligent approach to protecting clients’ rights and assets, offering both clarity and legal acumen that can align with the dynamic and complex nature of New York family law. Through a combination of thorough legal knowledge and personalized attention, Ryan Besinque and his team strive to deliver optimal outcomes for their clients, helping ensure that they receive the support and guidance needed during challenging times.
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Email: ryan@besinquelaw.com
Website: https://www.besinquelaw.com/
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Phone: (929) 251-4477
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Website: https://www.besinquelaw.com/