Divorce, Real Estate Style

September 7, 2016 – Media Mention
Commercial Observer

John Goldman provided extensive commentary in Commercial Observer regarding the division of real estate property and assets in divorces following high-profile splits. Divorces involving real estate moguls are especially difficult as real estate assets aren’t liquid, and disputes can be further complicated by factors including value fluctuation in the appraisal process, additional equity partners involved and divorcees who work for their spouses’ family businesses. Goldman explained that pre- and postnups are essential in reducing the possibility of expensive and strenuous litigation. “It’s a tricky enough analysis that anyone who has significant net worth and assets, whether real estate or other, who then gets married…would be foolish not to have a prenup. It would be like entering into a joint venture without having joint-venture agreement.”