Posts Categorized In: High Asset Divorce

Are you a woman age 50 or over who is considering or moving forward with a divorce? You are not alone. The divorce rate in this demographic has doubled in the U.S. since 1990. Every situation is unique, of course, but few life changes can be more emotionally and financially devastating than divorce. Read on… Read More

When you and your spouse decide to divorce, you face a somewhat uncertain future. You’re not sure of so many things: if you’ll have to sell your home, if you’ll get to keep your Florida vacation condo or what assets you’ll get to keep from the divorce so you can move on. Many divorcing couples… Read More

If you’re considering divorce for the first time, chances are that you have never thought about whether your divorce was a fault or no-fault divorce. All you may know in the early stages is that you want to begin the process of legally ending your marriage. In New Jersey, your divorce is either a fault… Read More

Children can amaze us in many ways. Whether they are creative, top-notch students, or impressive in another way, your kids are likely some of your greatest treasures. Unfortunately, children often cannot understand adult relationships. This is evident during the divorce of a child’s parents. A divorce can disrupt a child’s sense of normalcy and make… Read More

You’ve been trying to make your marriage work for the kids. Unfortunately, you and your spouse have not been getting along. You’re thinking about a divorce, but you don’t know where to start. Here are some factors that are worth considering. Keeping track of finances One of the most important steps to take before your… Read More

More and more people are getting prenuptial agreements to protect their assets in the case of a divorce, and we often see the news littered with headlines about celebrities who may lose millions because they didn’t sign prenups ahead of their weddings. But what the headlines don’t often point out is that prenups don’t always… Read More

Have you considered hiring your own appraiser to value and divide property in a divorce? In some divorce cases, the parties and their attorneys agree upon a join appraiser and split the cost equally. However, it might seem like a good idea if you do not completely trust your soon-to-be ex-spouse. It is important to understand… Read More

Much about our tax system is complicated – the forms are complicated and the laws are complicated. Mistakes are made. When do those mistakes rise to the level of tax evasion? The key is intent. If you use the laws to your advantage, that is tax avoidance. If you make a mistake and inadvertently underreport… Read More

It is no secret that divorce is expensive. The average New Jersey divorce costs $15,600, according to a recent news article. However, there are many factors that could drive that cost up, including the division of marital property. New Jersey uses an equitable distribution system for dividing marital property. This means that almost all assets acquired… Read More

In complicated divorces, even amicable splits can produce difficult financial scenarios. However, if your divorce isn’t amicable and your spouse provides bogus or incomplete financial information, then a forensic accountant is a must-have member of your divorce team. In a high-asset divorce, a forensic accountant can help uncover financial inconsistencies, reveal hidden assets, appraise property… Read More