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Is New York a Community Property State for Divorce? - Richard Roman Shum
From Law Office of Richard Roman Shum, Esq. - Is New York a Community Property State for Divorce? explains why New York is not a community property state and instead relies on equitable distribution to divide marital assets and debts fairly under the circumstances of each marriage. The description walks through how courts weigh the length of the marriage, each spouse's income, and their contributions when dividing property such as the marital home, retirement accounts, and business interests.
Manhattan property division lawyer Richard Roman Shum helps clients across Manhattan and the rest of…
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