What’s at Stake? Understanding Asset Disputes

Episode Summary

In this episode of Law & Life – TheLevoritz’s Approach, attorney Yonatan Levoritz breaks down the complexities of asset disputes in divorce cases. He explores the most commonly contested assets, such as real estate, cash withdrawals, and business interests, while shedding light on fraudulent transfers and the impact of marital waste. Yonatan also discusses how assets are valued, the legal principles guiding their division, and what happens when one spouse tries to hide or devalue business assets. If you’re facing a contentious divorce or just want to understand the stakes, this episode is packed with valuable insights.

Timestamps

00:00 – Welcome to Law & Life – TheLevoritz’s Approach
00:04 – Introduction to the episode and guest, Attorney Yonatan Levoritz
00:42 – What is a contentious asset dispute?
01:26 – Most common assets contested in divorce
02:06 – Fraudulent real estate transfers in divorce cases
03:17 – How fraudulent asset transfers impact legal proceedings
04:01 – Legal principles guiding asset division in divorce
05:37 – The difference between community property and equitable distribution
06:46 – How judges view contentious divorces and their impact on asset division
07:36 – Identifying and valuing assets in divorce cases
08:10 – Common valuation approaches for businesses
09:21 – How business ownership impacts asset division
10:48 – Payouts for spouses from business interests
11:42 – The challenges of dividing assets in a contentious divorce
12:09 – High-profile examples of business disputes in divorce
12:17 – Steps to take if a spouse is hiding or undervaluing assets
13:25 – The role of expert witnesses in asset valuation
14:09 – Closing thoughts and how to connect with YoniLevoritz

About the Show

Law & Life – The Levoritz’s Approach is a podcast dedicated to exploring the intersection of legal issues and real-life challenges. Hosted by Kevin Rosenquist and featuring esteemed attorney Yonatan Levroritz, the show offers expert insights on family law, divorce, and asset disputes, helping listeners navigate complex legal matters with clarity and confidence.