Dividing Real Estate Assets And Investments In Divorce
New York State law requires that marital property, including real estate acquired during the marriage, be divided equitably. However, “equitable” does not always mean equal. Determining the value of these properties and deciding how to split them can be complicated. A skilled attorney can help ensure your financial interests remain protected.
David I. Grauer, Attorney at Law, offers trusted counsel and legal representation. I am David I. Grauer, and I have over 45 years of experience handling sophisticated property division cases throughout Westchester County, Rockland County and New York City. As a veteran trial lawyer who has successfully argued precedent-setting cases before the Appellate Division and Court of Appeals, I develop customized strategies based on each client’s unique priorities and goals regarding their real estate portfolio.
Property Division Extends Beyond The Family Home
If your divorce involves multiple real estate holdings, the following several assets require attention:
- Investment properties: Analyze rental income streams, property management responsibilities and future appreciation potential
- Vacation properties: Address seasonal homes, timeshares and out-of-state holdings
- Commercial Real Estate: Evaluate business properties, development projects and partnership interests
- International properties: Manage cross-border ownership and anticipate jurisdiction challenges
Property division becomes more manageable with early legal intervention. As your lawyer, starting a conversation with me about your real estate concerns can help safeguard your long-term interests.
Uncovering Key Considerations In Dividing Real Estate Assets
When going through divorce in New York, your property division strategy must account for:
- Current market valuations across different locations and property types
- Outstanding mortgages and liens
- Property tax obligations
- Management and maintenance costs
- Rental agreements and tenant relationships
- Partnership agreements affecting ownership
- Capital gains implications
Conducting accurate property valuation can help you navigate recent changes in the real estate market.
Protecting Your Real Estate Interests
Each property in your portfolio deserves individual consideration during divorce proceedings. Having tried complex and high-asset divorce cases in state and federal courts, I recognize the nuances of real estate division and develop strategies aligned with your priorities.
My approach focuses on identifying practical solutions while preparing thoroughly for litigation when needed. By understanding both the legal framework and your personal goals, I can work toward arrangements that preserve your property interests.
Let Us Discuss Your Property Concerns
David I. Grauer, Attorney at Law, offers time-sensitive decisions regarding the division of real estate assets and investments. Contact my White Plains office through 914-269-2419 or online to schedule a phone consultation to discover more.