Hudson Valley Family Law Attorneys
Professional Licenses and Degrees and How They Factor in Marital Property Division
It is likely obvious that a home, car and retirement account are considered assets during divorce. The value of tangible properties like these is considered when marital property is divided. But did you know that professional licenses and college degrees are also considered to be assets with a definable value that are also subject to equitable distribution?
A key challenge in handling professional licenses and degrees during divorce is valuing them. Earnings that result from the license or degree can be taken into account, as can the cost of obtaining the license or degree.
At Silver, Forrester & Lesser, P.C., we have decades of experience valuing and dividing all types of property during divorce. We are skilled at:
- Determining the exact amount that should be attributed to the value of licenses and degrees
- Arguing for decreasing or increasing payments and valuations based on intangible assets' values
For diligent and experienced legal assistance regarding the valuation of licenses and degrees during divorce, contact Silver, Forrester & Lesser, P.C., at 845-764-4757 or 866-687-1338.
Few law firms in the Hudson Valley can match the experience of Silver, Forrester & Lesser, P.C. We have handled family law since 1965 and, since that time, have built a reputation for success that sets us apart.
We take a team approach and prepare for family law hearings and trials thoroughly, then bring 45-plus years of negotiating and litigating skill to your property division case. For more information, contact a lawyer at our firm by calling 845-764-4757 or 866-687-1338.
