Category Archives: Division of Assets

Can Inherited Retirement Accounts Be Divided in a New York Divorce?

Can Inherited Retirement Accounts Be Divided in a New York Divorce?

Inherited retirement accounts are often treated differently from retirement savings built during a marriage. In New York, property division depends on whether an asset is marital property, separate property, or a mix of both. An inherited IRA, inherited 401(k), or inherited pension interest may remain separate if it was received by one spouse and kept […]

What Assets Are Considered Separate Property in a New York Divorce?

What Assets Are Considered Separate Property in a New York Divorce?

 In New York, the distinction between marital and separate property is crucial for anyone navigating a divorce. Mahserjian & Mahserjian-Ortiz, PLLC has extensive experience helping Saratoga residents protect their separate property while ensuring a fair resolution of marital assets. Separate property is generally defined as assets owned prior to marriage, gifts or inheritances received individually, […]

What Happens to Teacher, State, and Union Retirement Benefits in a New York Divorce?

What Happens to Teacher, State, and Union Retirement Benefits in a New York Divorce?

When a marriage ends in Saratoga, New York, retirement benefits can become a central financial issue. Mahserjian & Mahserjian-Ortiz, PLLC assists clients in navigating these complex matters, helping them understand how pensions, state retirement, and union retirement benefits are treated under New York law. New York recognizes that these benefits, when earned during the course […]

Selling the Marital Home in a New York Divorce During the Spring Market

Selling the Marital Home in a New York Divorce During the Spring Market

 When a divorce occurs in Saratoga, New York, one of the most significant financial and emotional decisions involves the marital home. Mahserjian & Mahserjian-Ortiz, PLLC helps clients understand the intricacies of selling a shared home while ensuring equitable distribution and compliance with state law. The spring real estate market offers unique opportunities due to increased […]

How to Protect Your Assets During a Divorce in Saratoga

How to Protect Your Assets During a Divorce in Saratoga

Divorce is a difficult and emotional process, often filled with confusion, uncertainty, and concern over what will happen to your financial future. If you are in Saratoga and facing a divorce, it is natural to feel overwhelmed as you navigate through the complexities of dividing your assets. Whether you have worked hard to build up […]

Dividing Marital Assets in New York What to Expect

Dividing Marital Assets in New York What to Expect

Going through a divorce can be a challenging and emotional experience. One of the most complex parts of divorce is dividing marital assets. In New York, there are specific laws and processes in place to help ensure that this division is fair. Whether you are just starting the divorce process or are in the midst […]

What Counts as Marital Property in New York’s Equitable Distribution Process?

What Counts as Marital Property in New York's Equitable Distribution Process?

When you are going through a divorce, one of the most complicated issues you may face is figuring out what is considered marital property. It’s understandable to feel overwhelmed by the thought of dividing everything you and your spouse have worked for during your marriage. At times, it may seem like everything is up for […]

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