New York State Divorce Laws Division of Property follows the principle of equitable distribution, ensuring a fair and just allocation of marital assets during divorce proceedings. The duration of the marriage plays a crucial role, with longer marriages often involving a more intricate evaluation of shared assets. The laws emphasize a comprehensive view of financial contributions, considering both monetary and non-monetary inputs such as homemaking and childcare. Flexibility is provided for couples to reach agreements through alternative dispute resolution methods, like mediation, fostering a more collaborative environment. The overarching goal is to mitigate the economic impact of divorce, promoting financial stability for both parties post-divorce.