How divorce affects high net worth

On Behalf of | Nov 11, 2016 | High Asset Divorce |

When a New Jersey marriage comes to an end, the parties are often concerned about their future financial situations when they become single. In many cases, one of the spouses has forsaken a career to stay at home and take care of raising the children and other household duties because the other spouse had a high-paying job. You might be finding yourself in this type of situation and facing a high-asset divorce with all of the complexities that it entails.

At our law firm, our attorneys have extensive experience in providing representation to people who are in this type of a divorce that involves complex assets such as second homes, executive compensation, business interests, commercial real estate, and pensions and other retirement accounts. New Jersey follows the principle of equitable distribution when it comes to property division, which means that the court will divide marital assets fairly. However, this does not mean that there will be an equal split.

In addition, determining the value of some of these types of assets can be difficult. As a result, we routinely call in forensic accountants, appraisers, and other financial professionals so that we can have accurate and detailed information at our disposal.

Ideally, you and your estranged spouse are still on good enough terms so that the two of you can try to reach an agreement on these issues. We will represent your interests and strive to get for you the best settlement possible. If you are unable to reach an accord, however, we will vigorously advocate on your behalf in front of a judge. If you would like to learn more about how we can assist you in these types of matters, you are invited to review our page on the topic.



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