If you are going through a high-asset divorce in Manhattan, you may be worried about your financial standing and what is at risk monetarily. Our Manhattan, NY high net worth divorce lawyer has handled complex matrimonial matters for more than 40 years. At the Law Office of Daniel Clement, we offer free consultations and are ready to talk you through steps to take next to protect what you have worked hard for.
When the financial complexity of a divorce is significant, the attorney you hire matters more than people realize. Handling complex divorce matters like high-asset divorce requires not just legal knowledge, but the kind of strategic judgment that only comes from decades in matrimonial court. You can depend on our family lawyer in New York, NY to use the law and apply it to your situation for the best outcome.
Daniel Clement has been practicing New York family law since 1986, admitted to the New York Bar that same year after earning his J.D. from Brooklyn Law School. That’s nearly four decades of watching how courts in this state treat contested assets, how opposing counsel operates, and where cases tend to go awry. He has been recognized as a Super Lawyer and received the Best Attorney award in Professional Services. His work has earned particular recognition for skillfully handling complex and high-profile divorce matters.
Daniel is a member of the New York City Bar Association and has served on its Matrimonial Committee. He has also served as an Arbitrator in the Small Claims Court of the City of New York. That background matters in high-stakes situations where procedural strategy and negotiation instincts are just as important as knowing the statutes and laws.
High-asset divorces in Manhattan go through New York County Supreme Court. Understanding how judges in that courthouse approach contested valuations, hidden assets, and disputed real estate is crucial.
Manhattan cases involving multiple properties, offshore accounts, or closely held businesses require an attorney who knows when to push for full financial disclosure and when a negotiated resolution protects the client better than prolonged litigation.
Clients hire Daniel for his personal attention, hard work, and practical approach. He has been recognized specifically for his nimble, tenacious representation in high-profile matters. The common mistakes that derail high net worth divorces tend to include a few predictable patterns, such as moving too fast on settlement, failing to push for proper asset valuations, overlooking tax consequences. These are things we actively work to prevent so that your wealth is protected.
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“Daniel was extremely professional and responsive to the sensitive nature of my divorce. He was caring, understanding and extremely forthright. His communication skills were spectacular as he kept me updated at all stages of the case. I will recommend Daniel to all of my friends as well as business associates.” – Brian Mastroberti
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High-asset divorce is rarely just one issue, as it almost always involves several overlapping financial questions that need to be resolved together, often under pressure from the court’s scheduling requirements. We handle the full range of matters that come up in these cases.
High asset divorce. When portfolios, real estate, or business holdings are involved, the valuation and classification of assets becomes the center of the case. We handle discovery, work with financial analysts where needed, and push for accurate, complete disclosure from the other side.
Property division. Marital property in New York is divided under an equitable distribution standard, which does not mean 50/50. Getting the right outcome depends on how assets are characterized, when they were acquired, and how contributions are framed. The timing of asset valuations is often a critical strategic issue.
Spousal maintenance. In high-income marriages, maintenance calculations and duration are frequently contested. New York’s 2015 guidelines provide formulas, but courts have significant discretion. We handle both the negotiation and, where necessary, litigation of these awards.
Alimony and post-divorce support. Ongoing support obligations in high-net-worth divorces often involve tax considerations, income fluctuations from bonuses and equity compensation, and modification contingencies.
Prenuptial agreements. Whether you are negotiating a prenup before marriage or litigating the enforceability of one during a divorce proceeding, the standards under New York law are specific.
Separation agreements. Some high-asset couples pursue legal separation rather than immediate divorce. These agreements need to be drafted with the same rigor as a final divorce settlement, because they often become the foundation for one.
Mediation. In cases where parties can reach agreement on divorce topics, mediation can reduce costs and give both sides more control over the outcome than a court judgment would. If your ex is non-cooperative or goes as far as to speak publicly about you, mediation may not be the method of negotiation.
New York imposes several specific legal requirements that apply to all divorce cases, including high-asset ones. We can help you understand these laws and how they can influence the outcome of your case.
Under DRL §230, at least one spouse must meet a residency threshold before filing in New York. The most common routes include the parties were married in New York and one spouse has been a resident for at least one year, or the parties resided together in New York and one spouse has been a resident for at least one year. If you and your spouse have lived in Manhattan, residency is almost always satisfied.
New York is a no-fault state. Under DRL §170(7), a divorce may be granted when the marriage has broken down irretrievably for at least six months and all economic issues (equitable distribution, maintenance, support, and counsel fees) have been resolved or determined by the court. In a contested high-asset matter, that final condition is where most of the litigation happens.
Under DRL §236(B), this governs how marital property is divided. Courts consider 13 statutory factors including the income and property of each spouse, the duration of the marriage, each party’s contributions, and the tax consequences of the proposed distribution. “Equitable” does not necessarily mean equal. It means fair under the circumstances, as determined by the judge and New York Court after considering the full record.
New York’s 2015 maintenance reform established guideline formulas for both temporary and post-divorce maintenance. But the guidelines cap out at a certain income level, and courts have discretion to adjust awards based on the 15 statutory maintenance factors. In marriages with significant income disparity, this area of the law warrants close attention.
One of the most contested issues in any high-asset New York divorce is whether a particular asset is marital or separate property. Generally, assets acquired before the marriage remain separate. But when separate property appreciates during the marriage, when marital funds are commingled with separate accounts, or when one spouse claims a business existed before marriage, the lines become blurry. Courts look at tracing evidence, bank records, and how the parties treated the assets over time. Getting this wrong at the classification stage can cost significantly more than the legal fees to fight it correctly.
Closely held businesses, professional practices, and partial ownership stakes in private companies require formal valuation in most contested divorces. Income-based, asset-based, and market-based approaches can yield very different numbers for the same company. Both sides typically retain valuation analysts, and the court must weigh competing figures. An attorney who understands how to build a valuation argument, and how to challenge the other side’s, is essential.
Manhattan real estate is often among the most valuable marital assets in a high-net-worth divorce. Co-op apartments, condominiums, rental properties, vacation homes each come with its own title, financing, and tax structure. Deciding who keeps what, at what credited value, and on what timeline requires coordinated financial and legal analysis. Questions about how disputed real estate is valued in divorce are common among clients with multiple properties.
In high-asset cases, financial disclosure is a legal requirement. But not every spouse complies fully. We know how to identify and pursue concealed assets through discovery, forensic accounting referrals, and targeted subpoenas. Courts take non-disclosure seriously, and a spouse who hides assets risks adverse rulings on distribution.
When one spouse significantly out-earns the other, or when one spouse has been out of the workforce for years, maintenance becomes a focal point. Duration, amount, and modification triggers all need to be carefully negotiated. In marriages involving executive compensation, equity awards, or business income that fluctuates year to year, calculating and documenting income requires a granular approach.
Many high-net-worth couples enter marriage with prenuptial agreements. Whether your goal is to enforce one or to challenge it, New York courts apply specific standards around disclosure, voluntariness, and procedural compliance. A prenup that was poorly drafted or signed under duress may not hold up. One that was properly executed can significantly shape the outcome of the entire case.
Very knowledgeable. Daniel made things much easier in my custody case. He helped me to prepare and with his recommendation we avoided going thru the pain of a trial.
Thanks a lot Daniel!
– Felipe R.
112 Madison Ave Suite 800
New York, NY 10016
If you are facing a high-net-worth divorce in Manhattan, NY, the decisions you make in the early stages carry real financial consequences for your finances. We offer free initial consultations so you can learn more. Contact us to schedule your consultation.
“Daniel is a highly skilled professional whose experience and emotional support were key enable me navigate and successfully go through what can be a challenging and stressful process at times. I am very grateful for his prompt responsiveness always, his commitment to protecting my interests and efficiency at getting my divorce finalized. I definitely recommend.”
Thomas Sczyrba
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Daniel Clement graduated from Brooklyn Law School and the State University of New York at Albany. With over 35 years of experience, he has been a member of the New York City Bar Association and the Matrimonial Committee. In addition, he has worked as an Arbitrator in the Small Claims Court of the City of New York.
Known for his straightforward yet savvy approach to law, he specializes in multiple areas of family law including divorce, how to protect assets in a divorce, child custody, prenuptial agreements, property division, maintenance/alimony, and high net worth divorce. Clients hire Daniel for the personal attention, hard work, street smarts, and excellent value he brings to each case.
An accomplished attorney, Daniel also lectures and writes for various publications, including a blog entitled the “New York Divorce Report” and has co-authored the book, “Onward and Upward: Guide to Getting Through New York Divorce and Family Law.”