Middlesex County High-Asset Divorce Lawyer
Divorce can be an extremely complex process. There are many issues that the parties must discuss and determine before a divorce can be finalized. This is especially true in high-asset divorces where the stakes tied to a divorce settlement can be extremely high. If you are concerned about how to approach a high-asset divorce, speaking with a Middlesex County high-asset divorce lawyer may be the right decision for you as you work to plan the most effective divorce strategy available to you.
High-asset divorces can have a significant impact on the financial, physical, mental, and emotional health of each spouse as well as any other individuals intimately involved in the divorce process. Choosing the approach to a high-asset divorce that is right for you based on your individual circumstances is an important first step in facing the challenges high-asset divorce can present. Contact a trusted divorce attorney to discuss your desired outcome.Equitable Distribution in High-Asset Divorces
New Jersey is an equitable distribution state. That means that, when it comes to divorce, marital assets must be distributed in a fair and equitable manner. That does not necessarily mean equal, therefore it is important to remember that the idea of assets being divided right down the middle is not necessarily the approach a court will take to property division. It is also important to remember that while property and other assets will be divided equitably, so will any financial liabilities the spouses have.
One of the most important parts of approaching divorce negotiations when it comes to the equitable distribution of assets is ensuring both spouses have provided a full and complete financial disclosure including all assets and liabilities. Hiding money in secret bank accounts or exaggerating figures will almost certainly make the court less inclined to a spouse’s arguments.Understanding Marital Assets in Middlesex County
In theory, marital assets are those acquired by one or both spouses during the marriage depending on the circumstances surrounding such acquisitions. However, high-asset divorce can present unique challenges when it comes to determining marital property. Property that may not have otherwise been considered marital property can become marital property depending on the circumstances of the marriage and the property involved.Seeking Help from an Attorney
Marriage is hard work, as is acquiring assets. Individuals involved in high-asset divorce have a great deal at stake, and it is important to have a thorough understanding of your rights when it comes to high-asset divorce so that you can be secure in knowing that you have explored the options available to you and made the decisions that are right for you.
A Middlesex County high-asset divorce lawyer will take a dynamic approach to the unique needs of your family and your divorce.
If you are concerned about how a high-asset divorce could affect you, contact a dedicated Middlesex County high-asset divorce lawyer and find out the role they can play in helping you face the challenges of your divorce.