Many New Jersey couples worry about what will happen to their retirement account in a divorce. Property division is often one of the most complicated aspects of a divorce, with retirement accounts being a primary concern. After all, you have worked hard to build up...
DIVORCE – High-Asset Divorce
3 common complications in a high-asset divorce
Navigating a divorce involving substantial assets presents unique challenges and complexities for both parties. In high-asset divorces, financial matters often take center stage,. This often leads to disputes over financial obligations. Understanding the complications...
Managing home equity in a New Jersey divorce
Divorce proceedings in New Jersey often involve the division of marital assets, including the home and its equity. Home equity represents the difference between the home's market value and any outstanding mortgage balances. Couples going through a divorce have several...
How does hiding assets impact a New Jersey divorce?
New Jersey is an equitable distribution state that divides a divorcing couple’s marital assets and liabilities based on what they deem fair, which does not necessarily mean a 50/50 split. Thus, courts require soon-to-be ex-couples to be forthcoming with their...
Four key considerations when dealing with a business in divorce
Divorce involving a business can be complex. Yet, you need to effectively navigate the issues if you want to protect your post-divorce financial positioning. But knowing where to start in your preparations can be tough. That’s why this week we want to briefly look at...