Did you help put your spouse through school, then worked hard to ensure the education led to a good, high-earning career? Many spouses don’t realize that an education has specific value and can be characterized as marital property in New York. This value may include more than just tuition payments. If a college or professional degree led to a valuable career, the other spouse has every right to claim an equitable distribution of the appreciated value.Education Valuation is an Important Component of Your Property Settlement
For more than a quarter of a century, Jonathan D. Katz, Attorney at Law, has been the law firm people with high net worth know they can turn to receive skilled, intelligent representation to protect their property rights through the divorce process. New York is not a community property state. During the divorce process, all marital property — including intangible property such as an education and career — is characterized as separate property or marital property.Why Education Valuation is so Important to Your Settlement in New York
Property rights extend beyond the house and investment accounts. By working with independent QDRO specialists, I can help protect your rights to intangible assets, including an education, a professional license and a career, relative to current and future earning capacity and contribution to retirement accounts.
Contact my offices in New Paltz, New York, to discuss your concerns about education valuation and your right to a fair division of marital property.
I have extensive experience in complex property settlements relating to:
- Spousal contributions to education and professional career
- Spouse’s career and future earning capacity
- Appreciated value of separate property
- Long term alimony and lifestyle maintenance
Contact me to discuss your concerns about career valuation and protecting your property and financial interests in your forthcoming divorce. My firm is recognized for the capacity to find creative, fair solutions that protect my clients’ interests throughout the divorce property settlement.