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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.

    Impressed with how knowledgeable Steve is & how welcoming and friendly he and his staff is
    “Thank you so much Steve Lane and Lane & Lane firm for the outstanding representation you have given me! I was very impressed with how knowledgeable Steve is and how welcoming and friendly he and his staff is.”
    - Anastasios
    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.
    Steve gave me his full attention to allay any worries I had relating to alimony and child support.
    “Steve Lane has many years of experience in all areas of family and matrimonial law and that is why I chose him to be my attorney.”
    - Alice G.
    He not only took care of all the cases and made sure that I was protected, but also offered great advice during the process.
    “Eric Lane is just awesome! He has been handling my case since my divorce was finalized, which sounds strange - but true. There have been incessant frivolous motions one after another in the courts since my divorce and Eric has been amazing to work with. He not only took care of all the cases and made sure that I was protected, but also offered great advice during the process. Two Thumbs up!!”
    - Former Client
    He went to court on my behalf and won!
    “Great! He always communicated with me or had somebody contact me from his office. He went to court on my behalf and won! I highly recommend the Law Offices of Lane & Lane, LLC.”
    - Amber M.
    He took the time to see me and was always in communication.
    “Daniel Lane was very helpful and most of all listened to what I had to say. He took the time to see me and was always in communication. His office and staff are very professional and accommodating. Highly recommended.”
    - Giuseppe B.
    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.
    Dan Lane is the best - I highly recommend him!
    “Lane & Lane did a great job representing me in my divorce. Dan Lane is the best - I highly recommend him!”
    - Beth Ann L.
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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