Legal Question in Family Law in New York
Damages awarded are they marial assets
My wife and I are presently seperated, at the same time my wife is involved in a lawsuit if she is awarded any compensation, is it considered a marital asset. I believe she will try to prevent me from obtaining any of it.
2 Answers from Attorneys
Re: Damages awarded are they marial assets
Damages recovered in a personal injury action are usually not marital property in New York. This is an exception to the general rule that whatever is acquired during the marriage is marital property. If a wife has a personal injury claim sometimes the husband has a claim for loss of services which would be his separate property. Jeremy Morley
Re: Damages awarded are they marial assets
Unless you are specifically named in the lawsuit
for a derivative claim (loss of consortium and
services or payment of expenses), any award
for personal injury is not a marital asset
and would not be subject to equitable distribution
In a nutshell, you are probably not entitled to
a dime of the money and she is doing nothing
wrong in this regard