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New York Family Law Reform Says Professional Degrees Are Not an Asset Subject to Equitable Distribution

In a 1985 divorce case, O’Brien v. O’Brien, New York broke new legal ground when the state’s highest court decided that a professional degree or license earned during a marriage was a marital asset subject to equitable distribution. However, in the three decades since, few jurisdictions chose to follow New York’s lead, and the decision… Read More »