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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.

    Their staff is well trained, always friendly, and easy to work with.
    “As a local mediator/attorney, I have worked with Lane and Lane for years and send them clients. They are always prepared, know their files, and respond to emails and letters as needed. Their staff is well trained, always friendly, and easy to work with. They can handle even complex and difficult cases. They also have expertise where tax issues arise and personally care about their clients.”
    - Joan G.
    Eric Lane provided exceptional service handling all my personal legal issues.
    “Professional and outstanding attorneys. Eric Lane provided exceptional service handling all my personal legal issues.”
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    He was able to explain everything in detail and always put us at ease.
    “Excellent Experience. Daniel Lane was very helpful and readily available. He was able to explain everything in detail and always put us at ease. He made us feel like family and handled our case as if it was his own personal family matter. Awesome lawyer. Highly recommended.”
    - Kaajal R.
    Dan is always available whenever I call him for any questions or concerns.
    “I can’t say enough about Dan and the Lane & Lane firm. Dan carefully listened to all my concerns and goals throughout this process and explained everything that was required to meet my goals. Dan is always available whenever I call him for any questions or concerns. I would recommend Dan and the Lane & Lane firm to anyone looking to get any legal advice in the state of NJ, they are top-notch. Thank you, Lane, & Lane for your outstanding service.”
    - Satish P.
    He was very effective in getting my case settled and supported me every step of the way.
    “Eric Lane and his team were very professional and helpful. During our first conversation, he took the time to help me get to know the firm and confirm that they could help me. I went in having no idea what to do and he handled all of my concerns. He made sure that I got everything I needed or was entitled to and that I understood everything that was happening. He was very effective in getting my case settled and supported me every step of the way. I highly recommend Lane & Lane for their excellent service.”
    - April M.
    Dan Lane was great to work with.
    “Dan Lane was great to work with. He was very honest, professional and straight to the point which I appreciated. He was very patient and took the time to explain legal terms that I didn’t quite understand. I felt like he truly cared about my situation and gave me the best advice like he was dealing with a close friend. 100% would recommend anyone using him.”
    - Jill V.
    Very professional.
    “I have used Lane & Lane and I was very happy with the way they handle my case. Very professional. I would recommend Lane & Lane to anybody that needs a good divorce lawyer.”
    - Emilio R.
    Truthful and helpful throughout the whole process.

    Dan and his staff were amazing. Truthful and helpful throughout the whole process.

    - Adam
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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