Episode Summary:
In this episode of "Dividing the Pie," host Abigail Vaca and attorney David Badanes discuss how New York handles asset division in divorce cases. The episode covers equitable distribution, the distinction between marital and separate property, retirement accounts division, prenuptial agreements, debt allocation, and asset valuation processes.
Timestamps:
00:00 - Introduction
00:25 - New York's equitable distribution approach
01:40 - Marital vs. separate property explanation
03:45 - Division of retirement accounts and pensions
06:25 - Role of prenuptial agreements
08:18 - Handling of debts in divorce
10:03 - Asset valuation process
11:16 - Protecting financial interests during divorce
About the Show:
"Dividing the Pie" is a podcast that explores various aspects of divorce law in New York State. Each episode features expert insights from legal professionals to help listeners better understand the complexities of divorce proceedings.
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