Tribeca High Asset Divorce Lawyer

High Asset Divorce Attorney in Tribeca, NY

When dealing with divorce, you need a lawyer well-versed in the unique challenges that high-income New Yorkers face. A Tribeca high-asset divorce lawyer can listen to the full details of your situation and provide transparent feedback on your legal rights and options, giving you the tools you need to take back control of your situation. 

Sophisticated Problems Require Sophisticated Solutions

When it comes to a high-asset divorce, you can’t choose just any lawyer to represent you. These types of divorces come with unique problems that require careful handling and creative problem-solving. Since 2005, Yonatan Levoritz of the Levoritz Law Firm has focused on helping high-asset New York professionals and their families get through difficult times in life. 

Our goal is to help you finalize your divorce with the least amount of damage possible and give you the confidence you need to move forward post-divorce. Our Tribeca family law attorneys strive to make sure all of our new clients feel heard and protected throughout the entirety of legal proceedings.

How Courts Define Assets in a New York Divorce Case

Tribeca is bounded by Canal Street, West Street, Broadway, and Chambers Street, known for its rich history and luxury living for New York professionals and their families. As a part of the Manhattan borough, the average household income for residents in 2024 was $106,403, with the average home value being $1,105,600. 

To protect these assets during divorce, it’s important to file your case quickly after you hire a high-asset divorce lawyer. For residents of Tribeca, this process can be done at the New York County Courthouse, located at 60 Centre Street.

After filing, you and your spouse will work together to resolve your divorce legal issues. This can include the process of dividing your property, deciding on alimony, and child custody. In New York, assets recognized in a divorce include:

• Income 
• Real estate
• Debts
• Bank accounts
• Cash
• Retirement accounts
• Intellectual property
• Crypto currency
• Business interests
• Vehicles, boats, yachts, and planes
• Collectibles, such as artwork or jewelry
• Pets
• Personal belongings 

New York Divorce Laws: Property Division

During the divorce process in Tribeca, NYC, assets are categorized in two different ways:

1. Separate property: This is generally anything acquired by either spouse before marriage, and it isn’t subject to division unless mixed with marital property. For example, if one spouse uses their savings account before marriage to buy a marital home, that money becomes subject to division during divorce proceedings. It’s vital to work with a lawyer and financial professional during this process to help you trace the origins of your assets so that your separate property truly remains separate. 
2. Marital property: This is generally anything acquired by either spouse during marriage. Unless the couple can agree on a fair alternative, courts in New York will divide this property equitably, not necessarily 50/50. This division can be unique to each couple’s asset portfolio, as well as what either spouse is willing to part with.

Hire a High-Asset Divorce Lawyer Today 

When it comes to your divorce, don’t settle for an inexperienced lawyer. Reach out to the Levoritz Law Firm today to learn how our experienced team of attorneys can help you. We call new clients back within one business day to schedule a confidential consultation.