Divorce can be a complex and emotionally trying experience for anyone, but for individuals with sizable assets and business interests, the stakes are often higher. Privacy during a divorce is not just a personal preference for business owners in New Jersey; it is a...
High Net Worth Divorce
How does property division work in New Jersey?
A marriage is about sharing a life with another person. You both build the life of your dreams, purchasing vacation homes, cars and maybe even a boat. You may have even invested your earnings in lucrative business endeavors and high-performing investment portfolios....
How to avoid financial fraud during divorce
Divorce could bring out the worst in spouses, especially if significant wealth is on the line. A spouse can resort to financial fraud to tip the odds in their favor. Fraudulent actions can take several forms, such as concealment of assets, manipulation of fiscal...
Cryptocurrency, hidden assets and divorce
When a New Jersey married couple divorces, the spouses must disclose all their assets and debts and then divide the marital property. The parties are legally required to disclose all their property so that they can begin the process of dividing the marital property...
Divorcing with a prenuptial agreement
When couples enter a marriage, they often think about the positives of the union. However, we know that no marriage is perfect, and problems can arise. No happy couple wants to think about the possibility of divorce prior to marriage, but it can be a wise thing to do....
What makes a high net-worth divorce different?
High net-worth divorce cases can be much different from other divorce cases due to the complexity of the assets involved, making property division a much more difficult issue to resolve in some situations. Dividing assets In a typical divorce case, assets are...
How do I protect my business during divorce?
Those considering or currently going through a divorce are wise to prepare for a thorough process. State law generally requires both parties to list all assets for consideration during the property division portion of the divorce. But what happens to those assets? Is...
Will my spouse get a share of my business if we divorce?
You and your business partners may have worked for years building your business from the ground up and turning it into a successful and lucrative enterprise. Your business might be your most valuable asset. Sadly, your marriage might not have been as successful as...
How an appraiser can help in a high net-worth divorce
Wealthy New Jersey couples face unique problems when deciding to end their marriage. Most of these issues will fall into the general category of "asset division." A couple cannot begin to fairly divide their assets if they do not know the value of those assets....
In a high-asset divorce, focusing on finances is crucial
In any New Jersey divorce, emotions are likely to run high. People unavoidably focus on personal issues such as child custody, child support and visitation. While these are all important, it's important to remember to keep a close watch on finances. People going...