Divorce and Marital AssetsA New York Court ruled that a divorcing husband could not use marital assets to pay the money he owed his ex-wife under the pendente lite order.
His ex-wife petitioned the court claiming that she was entitled to half of the marital assets under New York law, even though her name was not on any of the asset’s documentation. The court found that the ex-wife was correct because there was no evidence to suggest that these assets were separate from the rest of the assets the couples acquired during the course of their marriage.
Furthermore the court ruled that since there was no authorization to use the marital assets in the pendente lite order the ex-husband was not allowed to use the assets to pay off the debt he owed to his ex-wife. The ex-wife was granted half ownership of the marital assets and a monetary sum of $30,000.

If you are seeking divorce or child custody it is advisable to retain the expertise of an experienced attorney. Jayson Lutzky has over 29 years of experience practicing law and understands the importance of understanding new legal developments. He offers free initial consultations—to set one up, please call his office at (800) 660-5299 or visit www.MyNewYorkCityLawyer.com.