It’s not uncommon for New Jersey couples to go into business together. The process of running a business with the person you love can be a very rewarding experience. However, splitting that business in a divorce can be extremely difficult. Even with heightened stress...
High Asset Divorce
How can excessive spending affect a divorce?
Divorce is a challenging time for New Jersey couples whose marriages are coming to an end. While the emotional and personal sides of divorce can be particularly difficult, the financial aspects can have long-lasting impacts that linger well after the feelings have...
Financial tips for older adults in high-asset divorces
Divorce for older adults in New Jersey, sometimes referred to as "gray divorce," can create financial challenges for people of all income levels. However, those who have a high net worth may face some unique issues. Complex assets Problems that all older couples face...
When should you divide your investments in divorce?
As someone that owns securities or other investments, you know you could lose a lot in your upcoming divorce by dividing or selling them. One of the keys to holding on to as much of your investments as possible is to figure out the best time to split them or sell them...
How may I protect my assets in the event of a divorce?
If you or your soon-to-be spouse are bringing significant assets into your planned marriage, you may wish to consider taking a proactive step to protect your finances in the event of a divorce. Before exchanging wedding vows, you and your future spouse may sign a...
What should you do with your retirement assets during divorce?
One of the more challenging outcomes of divorce is the process of reorganizing your finances. You no longer have your spouse providing additional income and if his or her responsibility was money management, that task now falls on your shoulders. As you establish a...
Why are more young couples getting prenups?
Not every New Jersey couple that ties the knot will remain with their partner for the rest of their lives. No one wants to enter a marriage believing it will end. However, studies show that younger generations are facing that possibility head-on. Business Insider...
Tips for divorcing with a high-net worth
New Jersey residents may have heard that Amazon founder Jeff Bezos and his wife MacKenzie Bezos are divorcing. What wasn't heard after the announcement was any name calling or blaming. This is because the couple jointly broke the news and are making an effort to stay...
Money moves to make in divorce
New Jersey couples who are planning on divorcing soon may have incentive to finalize them before 2019 begins. This is because a change to the tax treatment of alimony will soon take effect. For divorces that are finalized on or after Jan. 1, 2019, alimony is no longer...
Dealing with business assets during a divorce
New Jersey residents who are getting divorced will discover that dividing assets can be a complex and lengthy process. This is particularly true if one or both partners own a business. To ensure a fair division, both parties have to be aware of exactly what the...
