Legal Question in Family Law in New York
disability pension
if my regular pension becomes a disability pension, is this subject to equitable distribution
1 Answer from Attorneys
Re: disability pension
Under NY DRL 236B,
c. The term �marital property� shall mean all property acquired by either or both spouses during the marriage and before the execution of a separation agreement or the commencement of a matrimonial action, regardless of the form in which title is held, except as otherwise provided in agreement pursuant to subdivision three of this part. Marital property shall not include separate property as hereinafter defined.
d. The term separate property shall mean:
(1) property acquired before marriage or property acquired by bequest, devise, or descent, or gift from a party other than the spouse;
(2) compensation for personal injuries;
(3) property acquired in exchange for or the increase in value of separate property, except to the extent that such appreciation is due in part to the contributions or efforts of the other spouse;
(4) property described as separate property by written agreement of the parties pursuant to subdivision three of this part.
Unless the disability pension is compensation for personal injury (which it probably is not), then the answer would be that the disability pension is subject to equitable distribution.