In New York, the “equitable distribution” principle governs the allocation of property during a divorce. This means that during a marriage, debts and assets are distributed equitably, though not always equally. The court takes into account many aspects such as the income of each partner, their contributions to the marriage, the duration of the marriage, and the requirements of any children. In general, separate property—that is, possessions acquired prior to marriage or acquired through inheritance—is not divided. It is essential to comprehend your options and rights in order to obtain a just settlement. Speak with an experienced lawyer to safeguard your rights throughout this procedure.