Lottery winnings have been held by courts to be marital assets, and are subject to distribution.
While this is the case for most assets acquired during a marriage, there are some categories of property that are considered separate even when they were obtained during the marriage.
If you win a damage award in court, those funds are yours alone and will not be distributed among your marital assets.
Damage awards are intended to compensate you for losses caused by another person’s negligence, and that compensation is yours.
Similarly, money or property you inherit from relatives are not subject to distribution, and are yours to keep.
To protect the things that matter most to you, you should work with the experienced divorce attorneys at Zelenitz, Shapiro & D’Agostino.
Call us today at 718-523-1111 for a free consultation.