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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.

    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.
    First class professional.
    “From the initial consultation and throughout the legal process, Dan and his firm made me feel that my case was of utmost priority.”
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    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.”
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    “Eric Lane was very helpful. very humble and down to earth personality. Thank you.”
    - Sonu S.
    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
    I would recommend him for all your legal matters.
    “Daniel got my domestic violence case dismissed. He is very knowledgeable and professional, I would recommend him for all your legal matters.”
    - Jose S.
    He handled my case with the utmost professionalism and sincerity.
    “I highly recommend hiring Daniel Lane to represent you with your legal matters. He handled my case with the utmost professionalism and sincerity. I found him to be highly attentive and knowledgeable to reach a positive resolution with my legal issue.”
    - Former Client
    Dan always responds promptly and I highly recommend him and his staff.
    “Dan and his staff did a great job handling my divorce. Due to COVID, my previous attorney bailed on me and Dan was able to take over my case and bring it to closure. He was very professional and supportive throughout the entire process. Dan always responds promptly and I highly recommend him and his staff.”
    - Former Client
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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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