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Is My License To Practice Law Treated As A Marital Asset In A Queens Divorce?

In some cases, yes, your professional license will be treated as a marital asset for the purposes of financial distribution in Queens divorce proceedings.

If you acquired the license during the marriage, you are considered to have applied marital resources toward acquisition of an asset that will increase your earning potential for the rest of your life.

The court will evaluate your enhanced earning power against your spouse’s expected earning potential, and use those figures to develop what it considers an appropriate settlement amount, unless you are able to negotiate a more favorable arrangement.

The attorneys at Zelenitz, Shapiro & D’Agostino can help enormously in reducing the ongoing costs of your divorce and saving you big money over time.

Call us today at 718-523-1111 for a free consultation with experienced Queens divorce attorneys.