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
• Non traditional 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.

Why Choose Lane & Lane for Your High-Asset Divorce Case?

Choosing the right legal representation is crucial when navigating the complexities of a high-asset divorce. At Lane & Lane, LLC, we understand that every divorce case is unique, especially those involving significant assets. Our dedicated team of experienced attorneys is committed to providing personalized attention and expert legal strategies tailored to your individual needs.

Here’s what sets us apart:

• Experience in Asset Valuation: Our attorneys possess a deep understanding of financial markets and property valuation, ensuring that all assets are accurately identified and assessed, maximizing your financial outcome.
• Negotiation Skills: We pride ourselves on our ability to negotiate favorable settlements. Our reputation for achieving satisfactory outcomes means you can feel confident in our guidance, both in and out of the courtroom.
• Compassionate Support: Divorce can be an emotionally challenging time. We prioritize your wellbeing and provide empathetic support throughout the legal process, ensuring you never feel alone during these difficulties.
• Comprehensive Legal Strategies: From prenuptial agreements to business interests and complex financial portfolios, our attorneys employ comprehensive strategies to protect your assets and interests effectively.

With Lane & Lane, LLC, you gain partners who are not only highly skilled in family law but also genuinely care about achieving the best possible outcome for you. Let us guide you through this challenging chapter with advice and unwavering support.

For support with your high-asset divorce, contact a trusted Somerset County divorce lawyer online or call us at (908) 259-6673 to schedule a consultation.