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, especially if...
High Asset Divorce
Can 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 securely and enjoy...
Who 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...
Who 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 to help. Marital or...
5 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enter divorce proceedings with preconceived notions about alimony, perhaps influenced by rumors, media portrayals or outdated information.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...
Don’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 asset...
Why 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...
Where 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 significant wealth. Multiple...
The 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...
Prenuptial 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. This is not the...