Albany Family Law Attorney
What Is the Value of Your Marital Property?
Under New York law, the assets spouses bring into a marriage and accumulate over the length of the marriage will be classified as either separate or marital property. New York is not a community property state. In the event of marriage dissolution, proper characterization of assets is often the most complex issue to settle. Attorneys must litigate the fair appreciation value of assets and whether separate property was commingled and is subject to equitable distribution.
At the firm of Jonathan D. Katz, Attorney at Law, I understand the issues concerning separate property and marital property division, including complex financial issues involved in divorces involving high net worth spouses. I work with independent financial specialists and property valuation experts to determine property division issues, such as:
- Business valuation, including professional practices
- Appreciated value of education, professional license and career
- Transmuted personal assets, including inheritance and investment accounts
- Appreciation or depreciation of property, including real estate assets
- Hidden assets, assets invested in tax shelters and overseas accounts
- Apportionment of marital debt
- Illegal transfer of assets before divorce
In addition to complex marital property division issues, prenuptial agreements and postnuptial agreements may or may not require litigation to determine their validity under the law.
Even the most complex financial estates can often be settled in skillful negotiation and arbitration, without a costly trial. My firm is recognized in New York family law courts for bringing experience and knowledge to the table for more than 25 years. Judges and opposing lawyers know that I come thoroughly prepared to find creative solutions that courts will accept as an equitable distribution settlement. If your spouse is not willing to come to acceptable terms, I assure you that you will have the strongest, most experienced trial attorney fighting for your financial interests in court.
Contact my offices in New Paltz, New York, to arrange an initial consultation about your complex property division issues today.
