When a couple that’s been married for years or maybe decades divorces, one spouse may lack the ability to support themselves – at least for a time. That’s one of the key reasons why spousal support (alimony) is often ordered. New Jersey has various types of alimony...
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High Asset Divorce
Gray divorce is causing more older Americans to live alone
Life for people in their 60s is quite different than it was when their parents and grandparents were that age. For one thing, Americans are living longer than ever. Thanks to advances in medicine and changed attitudes toward smoking and diet, most people aged 60 and...
Am I entitled to my ex-spouse’s salary after divorce?
While New Jersey couples in high-asset marriages know that some of the money earned while they are together belongs to them both, what happens after the divorce? If one former spouse suddenly starts making a considerable amount of money post-divorce, is the other...
Protecting your real estate portfolio in New Jersey
In New Jersey, a divorce court won't split your assets exactly in half, but the division might come as close to 50-50 as possible depending on your marriage. This can have several implications, one being giving your spouse the right to make decisions about your real...
Protecting your medical practice from divorce
If you own a medical practice in New Jersey, then you need to take steps to protect your business in the event of a divorce. A divorce can be incredibly costly and damaging to your business if you are not prepared. To avoid stress and financial problems later on, here...
Protecting your tech business in case of divorce
New Jersey business owners whose marriages end in divorce might find themselves having to negotiate ownership of their tech business with their ex-spouse. The options here might require selling the business or having to continue working with their ex-spouse. However,...
Common ways of hiding assets
Unless you managed to cover everything in your prenup, most divorces in New Jersey involve a division of assets. Some people try to hide their assets to keep them from being seized or divided during the property division process. If you suspect that your former spouse...
Help handling a high-asset divorce and dividing a business
A high-asset divorce can be more challenging than divorces that do not involve complex or high-value assets. It is important for divorcing spouses with a high net worth to be familiar with how they can protect their interests during the property division process. High...
Divorce vs. High-Asset Divorce
While all divorces have many of the same characteristics, they are far from the same in terms of assets and property to be divided. Whereas a standard divorce may have a marital residence, vehicles, and some checking accounts to be divided, a high-asset divorce is...
Your spouse could be hiding assets during the divorce
You have dozens of things to worry about during divorce, most of which are probably running through your head all at the same time. Maybe you are concerned that you will not get alimony or that your soon-to-be ex-spouse might disagree with what you believe are your...