Staten Island High-Asset Divorce Attorney

A couple with high income or significant assets has to face the same issues as any couple in a divorce: custody, maintenance, child support and the division of property. However, when high-value, complex assets are at stake, it can complicate the divorce process and raise unique issues in your divorce.

At Angiuli & Gentile, LLP, we will work to make this complicated legal process as simple as possible for you. Our seasoned family law attorneys, led by partner Annamarie Gulino Gentile, will work to make sure you receive the personal attention and guidance you need throughout your case.

For more than 30 years, we have been representing clients with family law issues in the Staten Island area. Turn to us for the skilled advocacy and trusted support you need.

Common Issues In High-Wealth Divorces

Every divorce is different, and the issues that need to be resolved will depend on your situation. However, as part of high-asset divorce, we commonly resolve issues such as:

• Business valuations — When one or both spouses have interest in a business, it is important to carefully assess the value of that business so that it is divided equitably in the divorce. This can become complicated if the business is privately owned, and may require the assistance of a business valuation expert.
• Real estate — Whether the family home, a vacation home or an investment property, it is important to ensure the properties are appraised by a professional. This can help ensure that you receive an equitable division of your real property in divorce.
• Retirement assets — You and your spouse’s retirement investments can be divided in a divorce. We can create the documentation necessary to divide the retirement accounts at a future date in order to protect the full value of your retirement plan.
• Spousal maintenance — There are a number of factors that can impact the amount of maintenance in your divorce. This includes the income, age, health and education of each spouse. Additionally, if you signed a prenuptial agreement, that agreement may impact the amount you receive or pay. We can provide you with a straightforward assessment of the maintenance you can expect in your case, and we will work to ensure that the amount is in your best interests.
• Child support/school tuition — While the amount of child support is determined based on New York Child Support guidelines, there are situations where the court may choose to deviate from that formula. This may include providing additional funding to cover private school tuition as well as other educational or medical costs.
• Financial investments — Stocks, bonds, savings accounts and other investment vehicles may need to be valued and divided as part of your divorce. We are adept at analyzing financial documents, stock portfolios and investments in order to ensure that our client’s rights are protected throughout their divorce. This includes research into hidden assets and overseas accounts.

Understanding The High-Asset Divorce Process In New York

Contrary to common belief, navigating a high-asset divorce can be a complex and challenging experience. However, learning more about the New York divorce process can help to alleviate some of the stress and uncertainty you may be experiencing. Our experienced lawyers can speak to your specific questions or concerns, but in the meantime, this overview can offer you some immediate clarity.

The first steps in any high-asset divorce are crucial. Begin by gathering comprehensive documentation of all assets, including properties, investments, bank accounts and any other significant holdings. If you have a marital agreement (prenup or postnup), add it to your documentation – it can play a major role in asset division and your post-divorce stability.

The duration of the New York divorce process can vary depending on the complexity of the case and the level of cooperation between the parties. High-asset divorces often take longer than standard divorces due to the need for thorough financial assessments and potential disputes over asset division. While some divorces can be finalized in a few months, others may take a year or more. An experienced attorney can help manage the timeline by efficiently navigating the legal requirements and negotiations.

In New York, the court follows the principle of equitable distribution when dividing marital assets. This means that assets are divided fairly, though not necessarily equally. The court considers several factors, including the length of the marriage, each spouse’s financial contributions and future financial needs. In high-asset divorces, the court may also evaluate the complexity and value of the assets involved. Expert appraisals and financial analyses are often required to ensure an accurate assessment of the assets.

Having an experienced attorney is essential in a high-asset divorce. The right lawyer can guide you through the legal intricacies of the process and work to help ensure that you receive a fair share of the marital assets. They can also facilitate negotiations, mediate disputes and represent you in court if necessary.

Considering the potential complications that could arise during a high-asset divorce, attorney knowledge and experience are not just beneficial but essential. With hands-on legal guidance, you can better safeguard your financial interests while working towards the most favorable resolution.

Contact Our High-Asset Divorce Attorneys Today

Call 347-201-4447 to arrange a consultation with an attorney at our Staten Island office. You can also contact us using our online form. We are committed to helping you resolve the issues in your divorce, and we will stand by your side throughout the process.