If divorced, and agree on division of our assets, then is this legal and we wont be affected by equitable distribution law?

Asked 12 months ago - New York, NY

i mean even if she had alot and she agreed to give me 90% of it in divorce. is that allowed?

Attorney answers (6)

  1. Susan Jo Civic

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    Answered . Equitable distribution can be resolved either by agreement of the parties or by a Judge. If you come to an agreement that was fairly negotiated, both parties are aware of the financial circumstances of the other and the agreement is not unconscionable, it will likely be upheld. Domestic Relations Law 236B lists the factors that courts will use in determining equitable distribution. As long as your agreement takes these factors into account you can work out any arrangement that is mutually agreeable. In your situation, it is advised that you consult with a local attorney, particularly if she is agreeing to give you 90% of the property. Most people divide 50-50 so there should be a good reason for the unequal distribution.

  2. Ernest DuBose

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    Answered . Yes if you enter into a stipulation the courts will generally respect what ever you outline.

  3. Peter Christopher Lomtevas

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    Answered . Yes. You can agree freely. Make sure it's not a one sided deal.

    Good luck.

  4. David Ivan Bliven

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    Answered . Yes, one spouse may agree to give the other spouse a greater - even much greater - percentage of the marital assets. For a full assessment, schedule a consultation with a NYC Divorce attorney.

    * If you found my answer to be "HELPFUL," or the "BEST ANSWER," please feel free to mark it accordingly.
  5. Peggy Margaret Raddatz

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    Answered . Yes the parties can agree however beware the judge can find the agreement inequitable or unconscionable, you must be prepared to give a reason for the unbalanced agreement.

    IF YOU FOUND THIS ANSWER "Helpful" or " The Best Answer" YOU CAN THANK ATTORNEY RADDATZ BY MARKING IT SO... more
  6. Scheherazade B Rastegar-Djavahery

    Contributor Level 14

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    Answered . Yes, you can agree to whatever division of assets that you both agree to. Best of luck.

Related Topics

Divorce

Divorce is the process of formally ending a marriage. Divorces may be jointly agreed upon, resolved by negotiation, or decided in court.

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