High Net Worth Divorce in New York | What You Need to Know

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If you are getting divorced, it is normal to want to protect your assets. When it comes to a high net worth divorce, this can be more complicated. For example, the more assets there are, the more there will be to divide. Additionally, some high-net-worth individuals have especially complex assets. Read on to learn more.

What is a high net worth divorce?

A high net worth divorce occurs when the divorcing couple has a combined net worth of over $1 million. Like any other divorce, the couple may have to work through the division of assets, child custody arrangements, alimony payments, and more. However, high net worth divorces often involve complex assets. As a result, other parties may be involved. For example, one party may obtain the help of a forensic accountant.

What assets are considered?

Some of the assets that may be divided in a high net worth divorce include:

  • Real estate and property holdings
  • Shared businesses
  • Business investments
  • Retirement accounts
  • Pensions
  • Benefits
  • 401(k)
  • Stocks
  • Bonds

How can I protect my assets?

Again, it is normal to want to protect your assets. However, it is important to do this the right way. Many people attempt to hide their assets to avoid sharing them. This is never a good idea. If someone suspects that you are hiding assets, you will be reported. This can lead to an IRS investigation and serious legal trouble. Some of the best ways to keep your assets safe include:

  • Creating a prenuptial agreement
    • A prenuptial agreement is an agreement that declares how your assets will be split in the event of divorce or seperation. This can help couples avoid lengthy divorce proceedings. It is important to know that this document must be created before the marriage is official, and must follow certain requirements to be considered valid.
  • Creating a postnuptial agreement
    • If you did not create a prenuptial agreement before your marriage, you can still create a postnuptial agreement. This is the same agreement, only it is created after the wedding, rather than before.
  • Working with an experienced attorney
    • One of the most important ways to keep your assets safe is to work with an experienced divorce attorney. The right attorney will fight to protect your assets.

If you have any questions about a high net worth divorce, our firm is here to help.


Matters of divorce and family law should be navigated with the guidance of an experienced attorney. If you need strong legal representation regarding matters of divorce, family law, and estate law, contact the Law Offices of Susan A. Kassel, P.C. to schedule a consultation today.

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What Our Clients Are Saying

I hired Susan to represent me in a divorce matter where I was fighting for custody and to limit my wife's equitable share of our assets. I won custody of our son, kept the marital residence, kept my professional practice, kept my building and paid less than half to my wife. This was after a long-term marriage. She could persuade the court that equitable is not equal and sometimes the man does deserve to win!

‐ Dave

I first must say that I had been represented by two prior attorneys both of whom had simply taken my money and left me nothing to show for it in my custody case. They kept telling me what they were doing for me but I found out they were lying. Susan on the other hand had gotten me temporary custody and support for my children and myself within two months of hiring her. I cannot say enough about her.

‐ Craig

After talking to a few other attorneys, I hired Susan to represent me in my divorce and custody dispute. I was reluctant to go with her because she was the cheapest out of all the other attorneys I met with, but I'm so glad I did. I am 100% positive no one else would have done such a great job with my case as Susan and her staff. Her work is quality, her staff is reliable and her character is honorable. There...

‐ Linda

I had a very difficult case where I had already burned through two attorneys who were unable to get me custody of my children and complete my divorce. Susan was able to rapidly work out an agreement and not let it just malinger on like my previous experiences. She was also considerate of my financial situation unlike all of the other lawyers I had spoken to. I highly recommend her if you want complete and caring service with an in-depth knowledge of...

‐ Joanne


The Law Offices of Susan A. Kassel, P.C. proudly serves clients throughout Suffolk County, New York in their divorce, family law, and estate planning matters. If you require the services of an experienced Suffolk County attorney, schedule a consultation with The Law Offices of Susan A. Kassel, P.C. today.

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