Trusts

New York Trusts & Estates Division Attorney Helping Families & Clients Divide Their Assets During a Divorce in New Paltz, Kingston, & Hudson Valley

Married couples of high net worth often establish a family trust to handle distribution of assets to beneficiaries and charities. In the event of divorce, the trust must be characterized as separate property or marital property, subject to distribution of assets or control of the trust fund. In the event the trust is characterized as separate property of one spouse, the other spouse may receive an equitable share of the appreciated value over the course of the marriage.

How Will Your Family Trust Be Divided in Your Divorce?

Many wealthy individuals enter into a second marriage with a family trust already in place. A prenuptial agreement is often used to protect the original value of the trust assets. The prenuptial or post-nuptial agreement will be subject to litigation if the other spouse can show that the assets appreciated in value because of marital contributions or were commingled with marital assets.

If a family trust will be part of your marital property settlement in your pending divorce, make sure your attorney understands the laws relating to high net worth property distribution in New York. For more than a quarter of a century, the law firm of Jonathan D. Katz, Attorney at Law, has been providing experienced, intelligent representation for people of high net worth going through divorce in New York.

Contact my offices in New Paltz to discuss your concerns about the characterization of your family trust. I will take the time to discuss the laws regarding marital property and help you determine your best options for moving forward with your property settlement.

There are many complex financial issues relating to family trusts and marital property agreements, including:

Call Skilled Dutchess County Divorce Lawyer, Jonathan Katz

Will your attorney have the knowledge to handle the tough financial issues to protect your family trust account? I have more than 25 years of experience representing many of New York’s most successful individuals in divorce and property settlements. Yes, your lawyer will make an important difference in the outcome of your final property settlement.

Contact me today to arrange for a free consultation.

Client Reviews
I was living a nightmare of being falsely accused in a judicial system that considers all fathers to be dead beat dads until proven innocent. Living out of state and facing the possibility of jail, I miraculously found Jon’s website and called his office. Within a week the tables were turned, the lies were exposed, and the harassment was stopped. If you need someone that will challenge the system, then you need Jonathan Katz.
★★★★★
Jon’s integrity towards his clients is what makes him a standout attorney. He makes it a priority to know what's important to you. You’re not just a number. He is upfront with you right from the start. He will not string you along just for his financial benefit. He is only willing to settle the case if that's truly what you want. Anytime I called him I received a call back from him that day. Not someone else in the office. He is an attorney that has a passion for what's important to his clients.
★★★★★
Being a single mom, I had enough stress in my life. I had no idea how to go about protecting myself. My daughters were my priority. Jon walked me through the process. He turned a difficult time into a workable solution.
★★★★★
Jon thinks well, works to be clear and honest. He works to get to a strong argument. He seems to have a good working relationship with everybody at the courthouse. I get the feeling he has no trouble thinking like a judge. He is friendly and courteous. He doesn't overbill. He takes and returns calls promptly. His legal staff is friendly and competent. What's not to like?
★★★★★
I liked that there was always transparency throughout my case.
★★★★★
Call Today for a Free Consultation(845) 834-4747(845) 255-7635
ubication, 27 Sunset Ridge New Paltz, NY 12561
CAPTCHA