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...
High Asset Divorce
How should you handle a divorce when there’s a business?
Divorce is a difficult process for any family in New Jersey. But when you own your own business, it can be even more complicated. You may constantly wonder about how to handle the divorce when it could potentially impact the business. However, you can make things...
Why is divorce more complicated for wealthy people in New Jersey?
Divorce in New Jersey can be complicated regardless of your wealth or income level. However, for high-income couples, a few extra factors can make the process even more challenging. Complicating factors for wealthy couples The more wealth you have, the more there is...
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...
3 guidelines for using social media during your divorce
Social media sites give you the opportunity to reconnect and maintain relationships with family members and friends, especially with those who live far away. And if you are like most other Americans, social media is part of your daily life. In a recent survey, the Pew...
Should you litigate or negotiate your divorce?
When a marriage ends, most spouses want to make their divorce as quick and painless as possible. But just as each marriage is different, so is each divorce. The vast majority of divorcing couples settle as fewer than 10% end up going before a judge. The process that’s...
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...
Division of intellectual property in a divorce
Divorce in New Jersey involves property division at all levels from tangible assets like cars and houses to valuable legal agreements like trusts and insurance policies. But what happens when the courts need to split the value of an idea or a brand? The Coca-cola logo...
How do you tell your child about the divorce?
After you and your co-parent settle on the notion of divorce, what next? You will need to tell your child. This step may feel harder to some than deciding on the divorce itself. After all, no parent wants to hurt their child. Unfortunately, there is no way to avoid...
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...
