One of the biggest concerns that many people have when the difficult decision is made to end a marriage is how it will impact their standard of living. Many households will go from two incomes to one. In others, a high-earning spouse has been able to provide a comfortable lifestyle with a single salary, allowing the other spouse to stay at home and perhaps focus on caring for children.
Property division is one of the more contentious areas of divorce, particularly when the parties involved have accumulated significant assets that must now be divided.
At the law firm of Schepisi & McLaughlin, P.A., in Englewood Cliffs, New Jersey, we have extensive experience representing clients who are dividing substantial and complex investments in divorce, including:
- Second homes and investment real estate
- Commercial real estate
- Pensions and retirement accounts
- Stock options and deferred executive pay
- Closely held businesses
- Unique personal assets such as art, jewelry and other collectibles
We Put You In A Strong Position To Begin Your Post-Divorce Life
New Jersey's equitable distribution approach to property division applies no matter what amount of assets you are dividing. The court will divide assets fairly, but not necessarily equally, using a lengthy list of factors to help determine who receives what.
However, when retirement accounts, complex investments, vacation property and other assets are involved, determining the exact value of these holdings can be difficult. On top of that, many divorces involve closely held businesses, including some that operate primarily in cash, which can muddy the picture tremendously in terms of the businesses' true worth.
Our lawyers work with highly regarded forensic accountants, real estate and business valuation specialists, and other savvy financial professionals who help us provide the court with detailed and accurate information regarding marital assets.
As with most matters in divorce, it is beneficial to both parties if an agreement can be reached through negotiation. This allows the parties involved to retain more control over the final outcome. Our family lawyers have a strong track record of reaching fair agreements for our clients through negotiation. When an agreement cannot be reached, however, we are prepared to protect your rights and advocate aggressively for you in court.
Contact Schepisi & McLaughlin To Schedule A Meeting
If you have questions or concerns regarding substantial marital assets and how to protect your interests in the division of those assets, our high net worth divorce lawyers in Bergen County can provide answers. Call 201-500-8914 or use our online contact form to schedule a meeting with a knowledgeable attorney.