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Once you decide to divorce, you may wonder whether there are restrictions on what you can do with your property. Can you cash in stocks, spend money in your joint bank account without telling your spouse or run up debt on your credit card? Divorce requires planning and consulting a lawyer in your area, such as a Brooklyn division of marital property attorney. A lawyer can help ensure you do not do anything illegal and further complicate your divorce.
New York Domestic Relations Law 236 outlines what actions you must not take regarding marital property during divorce. Unless you and your spouse create a legal agreement that states otherwise, or during the ordinary course of business, or for usual household expenses, or in relation to attorney fees associated with the divorce or as allowed by court order, you cannot do the following:
If you have questions about handling property, consult a Brooklyn asset division attorney before taking action.
Goldberg Sager & Associates has extensive experience with property division and is happy to assist you.