Blog Category | High asset divorce
Popular ways to hide assets in a divorce
Hiding assets during a divorce is unlawful, but it does happen. If you are divorcing, it is worth remembering that your spouse could be one of those attempting to do it. While they probably aren’t, it would be unwise to discount the possibility entirely,...
Continue ReadingCan you reduce or end your alimony payments if you retire?
Your goals and priorities as you divorce likely depend in large part on your age and stage of life. If you’re among the increasing number of people divorcing in their 50s and older, one of those priorities is likely being able to retire financially...
Continue ReadingWho keeps an expensive ring during a divorce?
Engagement rings and wedding rings can be incredibly expensive, with the average cost exceeding $5,000. Some couples even spend $20,000 or more on an engagement ring. For high earners, expectations about the cost of an engagement ring often scale with income. A CEO earning...
Continue ReadingWho gets to keep the art in a divorce?
One of the most complex parts of divorce is the division of property. This can go one of two ways: if the parties are amicable, they may agree without needing the court’s involvement. However, if the parties are non-amicable, the court will step in...
Continue Reading5 common myths about alimony in New Jersey
Many people enter divorce proceedings with preconceived notions about alimony, perhaps influenced by rumors, media portrayals or outdated information. This can lead to unrealistic expectations and misguided beliefs about how alimony actually works. Separating fact from fiction is essential to navigating these waters more...
Continue ReadingDon’t let divorce upend your college savings goals for your child
You and your soon-to-be ex may not have agreed on much lately. However, you likely agree that you want your child to have the best education you can give them. Unfortunately, college savings, in whatever form it takes, sometimes ends up being simply another...
Continue ReadingWhy set property division priorities for your high-asset divorce?
If you and your spouse are ending your marriage, and your marriage can be accurately described as a “high-asset” union, setting priorities for your property division process will not just serve as a strategic approach; it will be a truly consequential one. Property division...
Continue ReadingWhere do spouses hide assets?
Not everyone acts in good faith during a divorce. Some people do their best to hide assets from their spouse to avoid having to give them a share when the marital property gets divided. This is more likely to occur when the couple has...
Continue ReadingThe pitfalls and stress of high asset divorces
Divorce in New Jersey is never easy for either party. In some instances, divorce can become much more troublesome – even harmful. This is often the case for high-asset divorce. Examining some issues related to such contentious divorces can help understand why they become...
Continue ReadingPrenuptial agreements support strong marital partnerships
Having your partner raise the subject of a prenuptial agreement can raise fears about a lack of commitment. You may worry that your future spouse expects the marriage to fail and wants to deny you what family law in New Jersey would normally guarantee....
Continue ReadingHow divorce affects mortgage payments in New Jersey
Getting approved for a home loan (mortgage) in New Jersey entails a meticulous process that involves thorough scrutiny of credit scores, assets, debt-to-income ratios and more. If married, lenders will look at both spouses’ information to determine if they can meet their payment responsibilities...
Continue ReadingHow to protect your company’s future in a divorce
Most couples getting married in New Jersey hope these unions last a lifetime, even though about 50% of marriages still end in divorce. Divorcing couples have many factors to consider, including potentially splitting businesses. However, there are a few ways to protect your company’s...
Continue ReadingMediation during a high-conflict divorce in New Jersey
It’s not uncommon for New Jersey divorces to be stressful. High emotions and tense discussions can often lead to a high-conflict divorce where it becomes difficult to engage with your partner. There are ways to navigate high-conflict divorces. A common tool is divorce mediation,...
Continue ReadingIs a prenuptial agreement right for you?
When couples in New Jersey and around the country walk down the aisle, they want to believe that their marriages will stand the test of time. They are often mistaken. The divorce rate in the United States has remained pretty much unchanged for decades,...
Continue ReadingWhen does dissipation occur in a marriage?
If you are contemplating getting a divorce in New Jersey, you might want to consider whether your spouse is guilty of dissipation. You may have a legal right to claim that your spouse irresponsibly spent money when they first learned of your intention to...
Continue ReadingThe complexities of a high-asset divorce
Divorces are rarely pleasant financial experiences, but if you as a New Jersey couple have a lot of assets, you face even greater potential ramifications. If you are considering ending your marriage and this applies to you, keep these facts in mind. Which assets...
Continue ReadingCredit card reward points in a divorce
With a digital economy that’s continuously on the rise, it has led to entirely new forms of assets – and new types of problems with dividing them when it comes to splitting up a New Jersey marriage. Credit card reward points are a prime...
Continue ReadingDivorcing a millionaire requires close scrutiny of each asset
If you’ve decided to split from your marriage partner and get a divorce in New Jersey, you’ll need to follow a specific legal process. However, when you’re divorcing a millionaire, it’s also essential to understand the financial ramifications involved with your decision. Understanding your...
Continue ReadingSpouses may attempt to hide assets during a divorce
When a divorce settlement could cost one spouse an enormous sum of money, attempts to hide assets may occur. Such illegal activities might extend even to modest settlements. New Jersey spouses who attempt to hide assets might find themselves in significant legal trouble. Still,...
Continue ReadingHigh-asset divorce involving a medical practice
Divorcing when there is a large amount of wealth and assets involved can get complicated. For New Jersey couples who own medical practices, understanding how the assets and ownership of the practice are divided in divorce is a critically important matter because the future...
Continue ReadingHow to handle pensions in divorce proceedings
Divorce can be challenging from an emotional standpoint, and it can also significantly interfere with your finances. It’s important to make informed choices when you’re dividing assets and property with your former spouse, especially if you’re involved in a high-asset divorce. If you’re a...
Continue ReadingKnow how to handle investment accounts in a divorce
Divorce can sometimes be more difficult when a couple has access to numerous kinds of assets. When people have investment accounts, they need to divide these between them. According to Fidelity, people can divide investment accounts in several different ways. People may divide the...
Continue ReadingHow to handle a high asset divorce
Couples at all income levels divorce, but the process is often more complex among high-asset couples. With higher incomes and more assets involved, divorce can be challenging and contentious. To make sure the process goes as smoothly as possible, and that there is a...
Continue ReadingWhat should you know about the financial side of divorce negotiations?
One of the most challenging aspects of a divorce is dividing your assets and managing your finances so that after the divorce, you can continue to live a stable life. While you probably know it is essential to understand the complete financial picture when...
Continue ReadingWhat to expect from a high asset divorce with no prenup in place
Each week, New Jersey residents tune in with viewers across the country to catch the latest episode of a favorite television show. Reality shows continue to keep viewers hooked, and people wait all week to see what the stars will do next. Shows like...
Continue ReadingInheritances and high-asset divorces
Not all divorces are created equal. Some are relatively straightforward with few assets to be divided, no children to fight over, and the parties agreeing on just about every legal issue. Others, though, are knock down, drag-out fights where each party has to be...
Continue ReadingHigh-asset divorce and the benefits of forensic accounting
When it comes to high-asset divorces, there is a lot on the line. A poorly negotiated or litigated divorce can be extremely costly, leaving an individual with less financial resources than he or she deserves. This is why it is critical that those who...
Continue ReadingPutting a value on investment residential real estate related matters
Many couples in New Jersey own additional properties, such as homes or even commercial buildings, that they use to make additional income. In some cases, a residential real estate related matters investment business can be so lucrative that the couple can devote their energy...
Continue ReadingHigh asset divorces can seem more contentious than other cases
Any given divorce case will involve quite a range of issues to address, from child custody and support to alimony and property division. However, when a couple has a significant amount of assets, it is the property division part of the divorce case that...
Continue ReadingHow do you define “marital property” in a high-asset divorce?
When New Jersey residents are involved in a high-asset divorce, one question may override all others: who gets what? But, to solve that problem, exact legal terms will come into play, none more important than the term “marital property.” So, how do you define...
Continue ReadingRichest man in the world set to go through high asset divorce
By now everyone in New Jersey knows about the online retailer Amazon. The use of this service is becoming so prevalent that the company is becoming one of the most valuable companies in the world. That has made the owner of Amazon, Jeff Bezos,...
Continue ReadingUnderstanding the implications of a high asset divorce
Everyone knows that a divorce ends a marriage so that the two people involved in the relationship can, hopefully, move on to a better life. However, a divorce is more than just an opportunity to get out of a relationship that isn’t living up...
Continue ReadingShould you settle your divorce case quickly to save money?
Divorcing couples in New Jersey often have a wide variety of questions about how the dissolution process will work. Each divorce case is different, but many will involve common issues: child custody and support, alimony and property division. For some couples in a high...
Continue ReadingKnow the options in a high asset divorce
No two divorce cases in New Jersey are the same. Some are amicable, in which the couple can agree on most of the terms of the divorce out-of-court and submit an agreement to the court for approval. Others are contentious, seeing the couple fight...
Continue ReadingMatt Lauer’s high asset divorce case could be coming to an end
Celebrity divorces always seem to make the news, and there always seem to be a number of them going on at the same time. Right now, one of the most heavily-covered high asset divorces is the one that Matt Lauer is involved in with...
Continue ReadingHow your life will change going through a high asset divorce
Thousands of divorce cases go through the New Jersey court system every year. However, not all of those cases involve high asset divorces, in which the couple going through the divorce has accumulated quite a bit of assets throughout the course of the marriage....
Continue ReadingRepresentation in high income child support disputes
A previous post on this blog from several months ago talked about how New Jersey law handles situations in which one or both parents make so much money that New Jersey’s Child Support Guidelines do not account for the full extent of their income....
Continue ReadingConsidering the tax implications of high asset property division
In a high asset divorce in New Jersey, which can include a divorce from bed and board, one of the most important considerations a Marlton resident must take into account are the tax implications of the divorce and, specifically, the ensuing division of property....
Continue ReadingRepresenting clients in discovery requests and disputes
A previous post discussed how the ordinary means of finding out about a spouse’s assets and debts in the process of a divorce or bed and board divorce is to use the various means of legal discovery provided under New Jersey law. Typically, the...
Continue ReadingThe role of New Jersey’s discovery rules in finding assets
In any New Jersey divorce, including a bed and board divorce, it can be hard for one spouse to know that he or she is in fact getting his or her fair share of all the assets to which the law entitles him or...
Continue ReadingPlacing a value on the family business
Many New Jersey residents own their own businesses or have a share of ownership in a family business. If successful, these business interests can be a source of a great deal of wealth and income for a Marlton couple, especially if they both are...
Continue ReadingHow New Jersey’s support guidelines treat high income
Like other states, New Jersey has child support guidelines which help judges in this state make fair and consistent decisions about how much child support a parent should pay. Most New Jersey parents going through a divorce or, for that matter, a paternity case,...
Continue ReadingWealth is sometimes hidden in high-asset divorces
When it comes to divorce in New Jersey, the laws are supposed to apply to everyone equally. The individual who rents a small apartment and works in a factory has to equitably divide his or her assets with the divorcing spouse, just as the...
Continue ReadingDividing future securities interests in a New Jersey divorce
Getting a divorce can be difficult. Between the emotional stress of a marriage termination and the anxiety of dealing with legal issues, such as property division or child custody and support, it can make one just want to get it over with. However, it...
Continue ReadingFinancial decisions in a divorce can be complicated
Property division in a high asset divorce in New Jersey involves complex decisions, which are hampered by the emotions and turmoil accompanying the end of a marriage. However, certain financial matters require especially objective and reasoned judgments. For example, a spouse should create an...
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