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High-Net-Worth Divorce

Somerset County High-Asset Divorce Lawyers

Top-Quality Legal Representation for Clients in Morris, Union, Middlesex & Essex Counties

High-asset divorce can prove more difficult than a traditional divorce due to the amount of assets involved. While both types of divorce cover the same issues, the stakes in a high-asset divorce are much higher, especially when it comes time to divide property and valuable assets. As a result, high-asset divorce cases can quickly turn contentious.

What Is a High-Asset Divorce?

High-asset divorces typically involve over $1 million in liquid assets.

These assets may include, but are not limited to, the following:

  • High-value property
  • Business shares
  • Retirement accounts (401(k)s and traditional or Roth IRAs)
  • Investment accounts, stocks, bonds, mutual funds, and cash
  • Patents, copyrights, and trademarks
  • Marital home
  • Vehicles
  • Art collections, antiques, artwork, furniture, and other valuables
  • Stock
  • Restricted stock
  • Stock options
  • Nontraditional forms of compensation

Special Considerations for a High-Asset Divorce

There are special considerations that affect the way a high-asset case should be approached. It is important to ensure that you consult with a reputable lawyer who is experienced in this type of divorce.

Some considerations that will be brought up include, but are not limited to the following:

Complex asset division needs

One of the most significant legal issues that couples deal with in a high-asset divorce is the division of marital property. As New Jersey is an equitable distribution state, assets and property will be divided in a manner the court deems just and fair.

Tax consequences

When transferring or dividing property or substantial financial assets, there are significant tax implications involved. As such, it is beneficial to take this into consideration when negotiating a divorce agreement.

Prenuptial agreements

If you and your spouse entered into a prenuptial or postnuptial agreement, you will need to adhere to it while forming your divorce agreement. The divorce process will get more complicated if one spouse attempts to challenge the validity of the agreement. In the event this happens, you will need to consult with your lawyer to prove the legality of your prenuptial or postnuptial agreement in court.

Hidden assets

It is possible that one spouse is more likely to hide certain assets in a high-asset divorce to keep them as separate property. If this happens, the other spouse will need to investigate and potentially hire a forensic accountant for further assistance. If you suspect your spouse has offshore accounts, is transferring money to a third party, or deferring compensation, seek legal assistance immediately.

    Eric Lane was very helpful.
    “Eric Lane was very helpful. very humble and down to earth personality. Thank you.”
    - Sonu S.
    I highly recommend Dan.
    “Met with Dan on a project. I also had discussions with one of the largest firms in the state and after both meetings, what I recognized is that the larger firms just take cookie-cutter documents and don’t take the time to listen to a client's needs. Dan took the time to educate me on what the project required and how to complete it. He listened and educated, versus the other firm just asking what do you need (note I had no idea where to begin on the document) and then talking at you like a number. I highly recommend Dan.”
    - David M.
    They are true specialists and it shows compared to other firms that cover many areas of law.
    “I wouldn't trust anyone else to help guide me through family law. Not only are they extremely knowledgeable about divorce and other family matters, but they have solid finance and accounting backgrounds as well. Support on the financials is huge. They are true specialists and it shows compared to other firms that cover many areas of law.”
    - Lawrence W.
    They are honorable attorneys that stand firm for their clients.
    “As a local divorce lawyer, I have had a few cases with Lane & Lane. They are honorable attorneys that stand firm for their clients. As a divorce lawyer, you will respect those adversaries who are tough but fair. That perfectly describes this firm. Their clients are lucky to have them. The firm also does a great deal for the local community. They are first-rate and true gentlemen. They also have great staff.”
    - Carl T.
    Dan truly cares about his clients.
    “Best law firm you could ever hope to have on your side!!! Dan Lane is my divorce attorney and he is the best lawyer ever! He has literally won every single battle for me!!! Every time I go into the office everyone is so friendly and amazing!!! Dan’s secretary Victoria is the sweetest person ever! She always keeps me on top of everything!! I couldn’t have found a better lawyer than Dan, not once has he let me down on my entire divorce. Dan truly cares about his clients and every single time I have a concern or worry he calls me or emails me and reassures me even if he’s not in the office!! I honestly wish Dan could be my lawyer for everything I ever need to go to court for because he is a winner and the very best!”
    - Brittany L.
    This is a great starting point for anyone looking for legal counsel for a good value with exceptional results.
    “It was a pleasure working with Dan Lane and his team. They were professional and went above and beyond to ensure that my case proceeded smoothly and in a timely fashion without any judgement. This is a great starting point for anyone looking for legal counsel for a good value with exceptional results. It is clear from the get-go that Dan is a hard-working organized individual who can think quickly on his feet.”
    - Former Client
    Dan was the right person for my case!
    “I would highly recommend Dan for any case related to Family Law.”
    - Former Client
    Eric Lane provided me with exceptional service and was always there to answer my questions.
    “Extremely professional and hard-working attorneys. Eric Lane provided me with exceptional service and was always there to answer my questions.”
    - Angela R.
A Resolution Is a Step Away
Let us devote our time to your case  that can range from divorce, child custody, equitable distribution, domestic violence, and more. We are committed to find an end solution that you and your family can walk away from with peace of mind.
Lane & Lane, LLC Lane & Lane, LLC
Somerville Office 908-259-6673
Locations
  • Somerville Office
    84 East Main Street
    2nd Floor
    Somerville, NJ 08876
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  • Morris Plains Office
    101 Gibraltar Drive, Suite 2F
    Morris Plains, NJ 07950
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