In case you missed it, I was quoted in this Wall Street Journal article talking about premarital student loan debt and divorce (and admitting my law school debt load). In a marriage, everything fits into one of three buckets: separate property for each spouse and marital property. Debt also fits into one of these buckets. In New York, property and debt accumulated prior to the marriage, inheritances and gifts go into that “separate property” bucket. The Wall Street journal article does a nice job highlighting the complexities of dividing debt accumulated during marriage.
