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The Divorce Law in New York establishes rules for property division in divorce. The law outlines three main categories: Equitable, Marital, and Separated. Property types include Real, Personal, Financial, and Business. Factors determining property division include marriage duration, incomes, labor skills, child care, financial needs, and property value. Divorce can lead to taxes, insurance, and credit issues. Resources for property division include the New York Divorce Tribunal, New York Association of Lawyers, mediation services, and specialized financial and legal counsel. It is essential to consult with a specialized New York State Divorce Laws Division of Property, comply with legal requirements, and maintain accurate property and financial records.