Equitable Distribution for High-Value Assets: What You Need to Know - Richard Roman Shum

From Law Office of Richard Roman Shum, Esq — Equitable Distribution for High‑Value Assets: What You Need to Know dives deep into the complex landscape of dividing substantial marital estates in New York. In this episode, we unpack how courts classify marital vs. separate property, the role of commingling and transmutation, and why those distinctions matter when significant assets are at stake.

We’ll explore how high‑value components — business interests, investment portfolios, real estate holdings, retirement accounts — are appraised and allocated under New York’s Domestic Relations Law § 236. Expect insights into how valuation experts use income, market, and asset‑based approaches, and how courts decide when to award a distributive payment vs. co‑ownership.

You’ll also learn how financial professionals like forensic accountants play a critical role in tracing hidden or undervalued assets, assessing lifestyle analyses, and safeguarding full disclosure. Plus, we break down tax rules such as IRC § 1041 and how post‑2018 alimony changes affect negotiation strategy.

Finally, we discuss the strategic importance of advocacy, evidence, and narrative in high‑asset divorce, and how experienced attorneys guide clients toward equitable outcomes. If you’re facing or advising on a high‑net‑worth divorce in New York, this episode offers a roadmap to navigating the legal, financial, and emotional stakes.

Law Office of Richard Roman Shum, Esq

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

(646) 259-3416

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