High-asset divorces involve complex financial matters that require careful consideration and negotiation. When couples with significant assets decide to divorce, dividing property and assets can be a challenging process. Understanding how asset division works in...
COMBINING COMPASSION WITH PRACTICALITY
DIVORCE – High-Asset Divorce
What happens to plans of early retirement if you pay alimony?
When dreaming of early retirement, many people envision a life of financial freedom and relaxation. However, a divorce in New Jersey can throw a few kinks into these dreams. For instance, having to pay alimony may lead to postponing retirement. Impact on retirement...
Spouses’ options if they do not want co-ownership of a business
In a New Jersey divorce, spouses may have to decide what happens to a business owned by one of them. For example, one spouse might not want involvement in the ownership of the business post-divorce. There are several avenues the spouses can explore. Buyout One option...
Protecting your reputation during a high-asset divorce
Divorce is a challenging and emotional process. However, this is especially true when it involves significant assets. High-asset divorces often attract media attention, which can further complicate matters and raise concerns about one's reputation. It is important to...
Divorce and the fate of a summer home
In the throes of a high-asset divorce, significant assets, including a summer home, can become a point of contention. These idyllic retreats, often cherished family properties, encounter complex fates when a marriage dissolves. Asset division and the summer home The...
Divorce considerations for successful business owners
Divorce is a challenging life event that becomes even more complex as a successful business owner. The separation of assets and responsibilities in this situation can be daunting. Keeping essential considerations in mind can help you preserve your wealth and your...
How do divorce courts divide assets in another country?
When a divorce case involves multiple high-value properties, it is not surprising that parties fall into dispute. Additionally, if some of those assets are in another country, the property division process becomes more complex than it already is. When this happens,...
How to maintain privacy during a high-asset divorce
Divorce is complex but can become even more complicated when you have substantial assets. Navigating a high-asset divorce while juggling the public eye can exacerbate the situation. As you work through your divorce, you need to consider safeguarding your privacy....
How to divide stocks in a divorce
When you go through a divorce in New Jersey, you need to divide assets, including stocks. Understanding how to divide stocks can help you navigate this part of your divorce proceedings. Here are key considerations and potential strategies on how you can divide stocks...
Unique factors that affect high-asset divorces
Married couples who decide to split do not need any additional factors to complicate the process. Unfortunately, a pair's financial success could work against them when they are dividing assets. As with any legal situation, a comprehensive view of the matter can...