Manhattan High-Asset Divorce Lawyer - Richard Roman Shum

From Law Office of Richard Roman Shum, Esq. - Manhattan High-Asset Divorce Lawyer explores how high-net-worth individuals in New York navigate complex property division, business valuation, and financial protection during divorce. This episode examines what qualifies as a high-asset divorce in Manhattan, how equitable distribution works under New York Domestic Relations Law, and what clients can expect when appearing before New York County Supreme Court or Manhattan Family Court. If you have investment portfolios, luxury real estate, business interests, or executive compensation at stake, this conversation provides essential guidance.

Richard Roman Shum, Esq., a Manhattan divorce lawyer with over 15 years of experience, shares how high-asset cases often involve co-ops, condos, and penthouses in the Upper East Side, Upper West Side, Tribeca, SoHo, Chelsea, Midtown, Greenwich Village, the Financial District, Murray Hill, and Hell’s Kitchen. The discussion covers valuation of closely-held businesses using income, market, and asset-based approaches, and explains how forensic accountants, business appraisers, and tax advisors work together to assess stocks, bonds, hedge funds, private equity, RSUs, retirement accounts, trusts, inheritances, offshore accounts, and cryptocurrency. Listeners will gain clarity on how marital property and separate property are defined and divided.

The episode also addresses spousal support under New York Domestic Relations Law § 236, including how maintenance is calculated when combined income exceeds $228,000, and how child support guidelines apply up to $183,000 in combined parental income. Richard Roman Shum explains how courts evaluate custody based on the child’s best interests, including private school tuition, extracurricular activities, healthcare, and travel. The podcast further explores the role of Qualified Domestic Relations Orders (QDROs), 26 U.S. Code § 1041, capital gains exposure from Manhattan real estate sales, and the enforceability of prenuptial and postnuptial agreements.

Located at 20 Clinton St FRNT 5D in the Lower East Side, Law Office of Richard Roman Shum, Esq. represents clients throughout Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. This episode highlights strategies for protecting business operations, uncovering hidden assets through forensic analysis, and resolving disputes through mediation, negotiation, or litigation. Whether your case involves substantial family wealth, executive compensation, or complex financial holdings, this podcast offers practical insight into protecting your financial security and your family’s future.

Law Office of Richard Roman Shum, Esq

20 Clinton St FRNT 5D, New York, NY 10002, United States

(646) 259-3416

https://www.google.com/maps?cid=3597344583150276913