Item: Jonathan D. Katz
Rating: 5
Author: Greg Weaver

Appreciation of Separate Property

New York Divorce Attorney Helping Clients with Appreciation of Separate Property Issues & Division in New Paltz, Kingston, & Hudson Valley

The separate property that spouses bring with them into a marriage may remain characterized as separate property in the event of a divorce, but any increased value of the assets may be reclassified as commingled or marital property, subject to equitable distribution under the law. If you are a person of high net worth, it is important that your assets are properly characterized as separate or marital property. It is equally important to obtain a proper appraisal of property value in a divorce. Even when separate property has been protected by a prenuptial or post-nuptial agreement, the appreciated value may be subject to division.

Asset Appreciation Attorney Serving Orange, Dutchess, & Ulster County

My firm offers knowledgeable, experienced representation for clients of high net worth who are seeking fair distribution of the appreciated value of their property. New York is not a community property state. All marital property is subject to equitable division. Spouses do not automatically receive 50 percent of separate property. The courts will consider the question: What did the spouse contribute to the asset during the marriage, which may have resulted in an appreciated value? That often means examining intangible contributions in the home that allowed the titled spouse to work toward increasing the value of the asset.

How Much Have Your Assets Appreciated During Your Marriage?

Whether or not a spouse should gain access to the asset requires in-depth investigation and knowledge of complex financial circumstances, including valuation of the business, investment accounts and the value of a career or professional practice. My firm works with independent financial accountants and valuation experts to ensure the property is fully and accurately evaluated for appreciated net worth.

Contact my offices in Saugerties, New York, to arrange a consultation to discuss your complex financial issues related to appreciation of separate property. We will discuss issues such as:

Characterization of property as separate property, commingled or marital property
Appreciated value of a business or professional practice over the length of the marriage
Indirect contributions and efforts of the spouse to increase the value of the property
Gaining access to the asset requires

Call Jonathan Katz, Skilled Divorce Attorney

Your attorney will play an important role in determining the characterization of property and negotiating a property settlement that is equitable and protects your financial interests. Talk to a lawyer who cares. Hire a law firm that can make a difference. Contact my office today.

★★★★★

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. Greg Weaver

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. John Morrissey

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. Diane Chiriani

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? Rick S.

I liked that there was always transparency throughout my case. Genevieve H.

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