Over 40 Years Of Handling Property Divisions
The division of marital property is one of the most contentious issues in any divorce. New York is an equitable distribution state, which means that property is not divided equally, but equitably. Determining what is part of the marital estate, the value of the marital assets, and what constitutes an equitable division of the marital estate can be complex.
At Weinstein, Kaplan & Cohen, P.C., we have the experience and insight to effectively manage even the most complex property division in divorce. We utilize our extensive business experience in addressing such issues on behalf of our clients. To schedule a consultation at our Garden City office, contact us today.
We Work With A Team Of Experts
Our lawyers have extensive experience handling property division in high-asset estates. We utilize all the resources of the firm in conjunction with the expertise of a number of professionals to determine what makes up the marital estate. Some of the experts we regularly consult with include:
- Private investigators to determine if there are any hidden assets
- Forensic accountants to ensure that the full extent of income, business holdings, and real property are evaluated
- Real estate appraisers to determine the value of real property holdings
- Pension companies to examine executive compensation, such as stock options and deferred compensation plans
- Personal property appraisers to determine the value of jewelry, antiques, art work, and other non-traditional assets
Determining what constitutes the marital estate is only the first step in handling property division. What constitutes equitable division of those assets can be complex. Courts consider many issues in determining equitable distribution, including the parties contributions to the marriage, length of the marriage, child custody, and the parties respective economic contributions to their marriage. In some situations, the courts will award an unequal distribution of assets rather than awarding spousal support.
We work closely with our clients to ensure that any property settlement agreement is fair and that decisions are based upon accurate information. While we strive to resolve property division through negotiation, we have the skills and experience to effectively present our clients’ cases in court, when necessary.