Newton Family Law Blog

When you and your former partner have particularly valuable assets, or when at least one of you has an especially high income, you may need to work through a wide variety of financial and other matters once you decide to go your separate ways. Even former couples involved in high-asset divorces may find that they can avoid spending a good portion of what they have worked hard to amass by opting for divorce mediation, as opposed to a traditional courtroom divorce.

Unless the relationship between you and your ex has become so acrimonious that there is little hope of you ever working together, you may find that working through asset division and other matters using a third-party mediator offers the following benefits.

If you are planning for a divorce or child custody dispute, you are apt to feel a variety of emotions. While you may expect to feel sad or angry, you may also experience some confusion. Put simply, New Jersey family law can be incredibly complex. While an experienced attorney can coach you, you are likely to encounter certain surprises. An employability expert may be one of them. 

New Jersey’s alimony and child support statutes both address an individual’s earning capacity. That is, when determining spousal or child support, the judge in your case likely wants to know how much you and your soon-to-be ex-spouse can earn. If this is either in dispute or tough to discern, you may need to hire an employability expert to provide an opinion. 

You may have had a long marriage that is now coming to an end. Over the years, you and your soon-to-be-ex have accumulated considerable assets.

Despite the wealth, the vision you once had for your retirement is also coming to an end and in its place is anxiety. How can you get around the fear that you will not have enough to live on after the divorce?

The division of assets in a divorce can be contentious and complicated, even when it is only the family home and retirement accounts at stake. If valuing common assets can lead to disputes, imagine what can happen in a financially complex situation. Stock options are some of the most difficult assets to value and split in a divorce.

As a refresher, some employers grant employees the right to purchase company stock in the future at a set price. This allows the employee to buy the stock at a cheaper price and sell it for a significant profit. If your spouse has stock options, here are some tips for handling these assets during your divorce.