THE BASICS: GETTING DIVORCE IN NEW YORK STATE
© 2018 HER JUSTICE
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WHAT IF MY SPOUSE AND I HAVE PROPERTY OR DEBTS TOGETHER?
If your case is uncontested but you are ask-
ing the Judge to cover nancial issues in
your divorce judgment (for example, child
support or school tuition for your child),
the Judge may ask you to le a statement
of net worth form*.
*A statement of net worth is a form
where you list all of your nancial infor-
mation in detail, including all income,
expenses, assets (such as a pension
or bank account), property and debts.
It is a sworn statement that must be
signed in front of a notary public.
If you, or your spouse, have a lot of property or debts, or if one or both of you have a
pension, you should have a lawyer representing you to make sure that you get what is fair.
Part of your divorce case is dividing up money and/or property and deciding who has to
pay outstanding bills or taxes that have not been paid. There are no easy answers about
what is fair. The division will not necessarily be equal or 50-50. You and your spouse may
agree about how to divide these things, but if you cannot, the Judge will make the nal
decision based on information you and your spouse give the Judge in your case.
If you and your spouse disagree about any nancial issues, the Judge will ask each of you to
ll out and le a statement of net worth. You will both need to send a copy of your statement
of net worth to each other. You will be able to see the information your spouse includes on
his form and he will be able to see your information.
The Judge will look at the information in both forms when deciding how to divide up your and
your spouse’s marital property and debt. The Judge is supposed to divide these things fairly.
The Judge will look at many things when deciding who gets what, including:
• Your and your spouse’s income and property both at the present time and at the time
you got married.
• How long you were married.
• How old and how healthy you and your spouse are.
• Whether the parent who has custody should stay in the marital home with the children.
• Whether one of you will pay maintenance to the other.