New York Law Journal, February 19, 2026 —
Among the many terms of art you may hear on a golf course is the word “mulligan”, i.e., a request for a “do-over” or second chance to hit the ball from the tee.
In many respects, life gives us second chances, whether with respect to something as silly as requesting a mulligan because you didn’t like your tee shot, changing careers, starting a new chapter post-divorce, and more. When you enter into a divorce agreement, however, you should expect that generally speaking, finality will trump any request for a second chance.
That brings us to Justice James L. Hyer’s recent decision in M.G. v. D.G., 2025 NY Slip Op 52020(U) (Westchester Cty., 2025). In M.G., the plaintiff-husband filed a motion to, inter alia, (a) stay the enforcement of the marital home buyout provisions in the parties’ judgment of divorce, which required the husband to pay the wife $156,762.91, and (b) grant to the husband an equitable credit and/or offset or otherwise adjust the enforcement of the buyout provision in light of a newly obtained refinance appraisal that valued the marital residence at $490,000 versus $625,000.
Without me writing another word, you have likely already figured out what happened in M.G.—the marital home was appraised during the divorce action as having a certain value, which formed the basis of a buyout computation in a settlement agreement.
Then, after the parties’ settlement agreement was signed, one party (the payor in the buyout scenario) got a subsequent appraisal that, if applied in place of the value used in the settlement agreement, would significantly reduce the buyout payment. Which appraisal do you think controls for equitable distribution purposes?



