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one of the most complex properties that
we deal with right now are carried
interest in hedge funds
so we represent
hedge fund managers or their spouses and
in that case they have something called
carried interest which are future
interests based on how well their fund
performs
and those are very complex to value
because we really have to have our
expert look into a crystal ball and
determine what’s going to happen to that
fund and then it becomes even more
difficult about how we’re going to
distribute that asset so that is one of
the most complex assets we’re dealing
with right now
on how to properly determine what that
asset is and how to divide it but then
we have assets that are
may seem simple but are very complex
like art right so art is just a
a piece of art hanging on a wall but we
need to value that we need to decide who
would going to keep it we need to decide
if we’re going to sell it we need to
decide if there’s going to be any taxes
that are going to have to be paid so
even something as simple as you would
think as a piece of art could be a
complex issue in a divorce depending on
you know
somebody can say a a andy warhold is
worth 50 million and the other expert
can say no i think it’s worth 30 million
and that becomes a complex issue as well
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NYC family law attorney S. Susan Gross discusses examples of complex property.