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...
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High Asset Divorce
Protecting your real estate portfolio in New Jersey
On Behalf of Carolann M. Aschoff, P.C. | Mar 17, 2022 | Blog, High Asset Divorce
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
On Behalf of Carolann M. Aschoff, P.C. | Mar 17, 2022 | Blog, High Asset 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...
Are stocks divided in a divorce?
On Behalf of Carolann M. Aschoff, P.C. | Mar 23, 2021 | High Asset Divorce
When you file for divorce, all the assets and money you own will be evaluated to determine how everything is divided between both spouses in New Jersey. The finances also include stocks that have been acquired during the marriage. It's not always a straightforward...
Protecting your tech business in case of divorce
On Behalf of Carolann M. Aschoff, P.C. | Feb 17, 2021 | High Asset 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
On Behalf of Carolann M. Aschoff, P.C. | Jan 4, 2021 | Blog, Family Law, High Asset Divorce
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
On Behalf of Carolann M. Aschoff, P.C. | Apr 14, 2020 | High Asset Divorce
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
On Behalf of Carolann M. Aschoff, P.C. | Apr 6, 2020 | 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...
How women can divorce-proof their business
On Behalf of Carolann M. Aschoff, P.C. | Dec 11, 2019 | High Asset Divorce
Women in New Jersey who own their own business may be frightened at the prospect of losing part or all of it in a divorce. If the business experiences growth during the marriage, it could be considered to be marital property. This means that it would be subject to...
Divorce financial specialists and the divorce process
On Behalf of Carolann M. Aschoff, P.C. | Nov 15, 2019 | High Asset Divorce
A divorce specialist may be helpful to some couples or individuals in New Jersey. This is a professional who has a background in areas specific to divorce, such as how to divide complex investments and the details associated with closely held business interests or...
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