What You Need to Know About High Net Worth Divorce in New Jersey
There are few legal matters more complicated than divorce. However, if you are a high net worth individual, your divorce may be even more complicated than “standard” divorces. This is because while all typical divorce issues are still at play, such as child custody, alimony, and more, you will most likely have additional assets that you will need to protect. Please continue reading and speak with our knowledgeable New Jersey divorce attorneys today to learn more about high net worth divorce and how we can help you through the process ahead. Here are some of the questions you may have:
What qualifies as a high net worth divorce?
If you or your spouse own at least $1 million in assets, you will qualify as a high net worth divorce. Rather obviously, if you are a high net worth individual, you have far more at stake than most, which is why you must retain the services of an experienced New Jersey divorce attorney who can fight for all assets that are rightfully yours.
What assets are at stake in a high net worth divorce?
If you are a high net worth individual, you most likely have very many assets on the line. For instance, many high net worth individuals own multiple properties, have various stocks and other investments, pensions and retirement accounts, and oftentimes, they may also own businesses.
How can I protect my assets from a high net worth divorce?
If you are someone who is looking to protect your assets from the high net worth divorce process, fortunately, there are several actions you can take. For example, if you are not yet married, you may draft a prenuptial agreement with your future spouse, wherein you can outline what will happen with certain assets, should you ever get divorced. That being said, if you are already married, you are still entitled to draft a postnuptial agreement with your spouse. This document serves the same essential purpose as prenuptial agreements, though it is drafted after marriage. Finally, if you and your spouse jointly own a business, you may draft a shareholder agreement, which will essentially outline each of your interests in the business, should you ever get a divorce in the future. If you have any additional questions, please do not hesitate to give our experineced Chatham divorce attorneys a call today. We have helped countless individuals through the process, and we know we have what it takes to do the same for you.
Contact our experienced New Jersey firm
If you are considering a divorce and need an attorney who can effectively represent you through every step you can count on Lazor Rantas, PC. We proudly serve clients throughout New Jersey as they navigate divorce and family law matters. To discuss your case with an experienced legal team, contact Lazor Rantas, PC today.