In the state of New Jersey, the courts use equitable distribution to divide property in a divorce. It may be beneficial to understand the effects of this type of distribution of property in a New Jersey divorce. A fair split Marriage usually allows a couple to live at...
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Asset Divison
Protecting your inheritance in a divorce
When two people marry, they often share everything. They generally create a joint bank account where both their incomes go. In the event the couple divorces, they will need to divide the money and assets, and when one spouse received a hefty inheritance, it can create...
When might a forensic accountant help in a divorce case?
As someone currently embroiled in a New Jersey divorce, you may have suspicions your spouse is less-than-truthful about the current state of his or her financial affairs. Even if you do trust your spouse is being upfront with you about finances, you may have an...
Does mediation work in high-asset divorces?
The subject of divorce contains many myths, some as a result of the process being different for every couple. One of these myths is that litigation is the only way (or at least the best way) to resolve high-asset divorces and that alternative methods such as mediation...
How to protect your assets in divorce
Facing a divorce brings many emotional and logistical challenges, not the least of which are those regarding finances. Especially if you are the primary breadwinner in the couple and have supported your spouse through the marriage, you may be particularly concerned...
2 unique challenges you might encounter in a high-asset divorce
As a high-asset Sussex County or Warren County resident, you know how crucial it is to take measures to mitigate the risks that jeopardize your wealth and investments. One of them is requiring your fiancé to sign a prenuptial contract before you agree to set a date...
Assets you should not forget when facing property division
After deciding to end your marriage, the next big hurdle you and your spouse face is property division, which can be complicated, especially in a high-asset divorce. Advanced planning is essential, and you would be wise to make a list of marital assets. Here are six...
2 mistakes that could cost you in a high-value divorce
If you live in the Sussex and Warren County area and are in a high-value marriage and thinking about divorce, you do not want to rush and make rash decisions. When there are high-value assets at stake, it is not always easy to settle a divorce. Issues are likely to...
Identifying marital and separate property
Divorce is an extensive process where two people who have become one must separate into individuals again. One of the most intricate parts of the process is the division of property. A critical aspect of property division is the classification of the assets. There are...
Imputation of income in a high asset divorce
Spouses who are getting their finances in order in anticipation of a divorce are likely considering the issue of alimony and child support payments. As both of these can depend a great deal on the spouses' respective incomes, many divorce cases end up including some...