High Asset Divorce

Under New York law, when a married couple decides to divorce, they must divide their marital property in a way that is equitable, or fair. But first, they have to figure out what, among all their assets and liabilities, is marital property and what is separate...

One of the most difficult issues in any New York divorce is valuing the homestead and allocating the net value between the parties. Each spouse may have his or her own opinion about the home’s value, especially if the family has lived there for more than five years....

Divorce is never an easy process. The emotions involved can be overwhelming, while at the same time you’re dealing with issues you never before considered. For couples with a high net worth, things can be even more complicated. Asset tracing is a means of making those...

In New York, people who are struggling in their marriage might not want to immediately move forward with a divorce. Often, they try to live apart before making the final decision as to whether the marriage can be salvaged. For some, the time apart if effective and...

Another element to divorce that may complicate things is the involvement of high-value assets.  A high-asset divorce is commonly known as a divorce involving more than one million dollars in net liquid assets. It is important to note that in today’s time that amount...