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10. High-Asset Divorce

New Jersey High-Asset Divorce Lawyer

Trusted Woodbury, NJ Family Law Attorneys Dedicated to Helping Clients Work Through Complex High-Income Divorce Matters in Gloucester County and Throughout South Jersey

If your divorce case involves a large marital estate, you probably already know that special legal considerations are crucial to getting an equitable divorce. A qualified New Jersey high-asset divorce lawyer at Smedley Law Group can confidently represent you in a divorce matter involving a large estate and a high income. Whether you’re looking to file for divorce or are responding to a complaint filed by your soon-to-be ex-spouse, it’s critical to have effective legal representation. At Smedley Law Group, we’re experienced high-asset divorce attorneys who advocate for our clients’ rights. 

We understand how challenging this time is for you, which is why we’ll fight hard to protect your interests (and the interests of your loved ones) throughout the legal process. Fill out our confidential contact form to schedule a consultation today.

Specialized High-Net-Worth Divorce Lawyers at Smedley Law Group Fight to Protect Clients’ Rights During Complicated Divorce Proceedings Across NJ

Because New Jersey is an equitable division of the assets state, each divorcing spouse must present the court with detailed arguments for fair distribution, supported by strong evidence. In marital estates with large assets, this process can be complex—but it must be thorough. That’s where our high-net-worth divorce lawyers in Gloucester County can help. 

We offer full-service legal representation and have extensive experience helping clients resolve their high-income divorce matters promptly through negotiations, mediation, and other alternative dispute resolutions. It’s no surprise that when an agreement isn’t possible between you and your ex, our lawyers are fully prepared to go to court to represent and fight for your goals and desired outcomes.

When you need the assistance of an experienced New Jersey high-asset divorce lawyer who can handle the unique circumstances involved in these complicated divorce proceedings, look no further than Smedley Law Group. 

6 Issues to Be Aware of in High-Income Divorces

Some special issues in high-income divorce cases include:

How a Top-Rated New Jersey High Asset Divorce Lawyer From Smedley Law Group Can Help

A dedicated attorney from our firm will identify and address all of the important issues related to your high-net-worth divorce matter. We’re fully resourced and capable of protecting your rights and interests, given the unique circumstances surrounding your case. We’re thoroughly versed in legal procedures, accounting techniques, appraisals, and other methods for gathering evidence. We’ll use our experience and strategy to present information to the court clearly in pursuit of a fair and favorable resolution to your case. 

Trust a New Jersey high-asset divorce lawyer from Smedley Law Group to guide you through the legal and financial minefields of divorce to ensure that your future will be one that’s bright—and financially secure.

Contact an Experienced New Jersey High-Asset Divorce Lawyer at Smedley Law Group Today

At Smedley Law Group, our high-asset divorce lawyers practice family law exclusively. We provide practical, human solutions to family law problems.

When a divorce involves a large net worth, we deliver effective, tough representation. We draw on our experience and dedication to create a custom plan for your success.

Work with a New Jersey high-asset divorce attorney who understands your needs and works effectively toward your goals.

Call our office at (856) 517-8450 or use our convenient online contact form to get started on your case right away. We’re here to help you. Reach out to us today.

Frequently Asked Questions (FAQs) About High Asset Divorce in New Jersey

FAQ: What’s a high asset divorce?

A high-asset divorce typically involves property, accounts, and other assets worth $1 million or more.

FAQ: What are the high-asset divorce statutes in New Jersey?

Statutes for equitable division of the assets (NJ Rev Stat § 2A:34-23.1) and alimony and maintenance (NJ Rev Stat § 2A:34-23) apply to high-asset divorce cases. In addition, New Jersey Rules of Court Appendix IX-A, Considerations in the Use of Child Support Guidelines, creates special rules for cases of combined net income totaling $187,200 or more. The court applies the child support formula up to $187,200 and then exercises discretion with additional family income and the needs of the child.

FAQ: Is New Jersey an equitable distribution state?

Yes, New Jersey is an equitable distribution state. Distribution of property isn’t always exactly equal like it is in most community property states. Instead, the court has considerable leeway for what it believes is equitable, given all the circumstances. That makes it critical to retain an experienced lawyer who’s capable of presenting evidence and arguments to the court for fair distribution in your case.

FAQ: What factors does the court consider in dividing assets in a high-asset divorce?

Factors for division in a high-asset divorce include:

— Overall economic circumstances and value of the marital estate
— The length of the marriage and health of the parties
— Whether one spouse gave up career ambitions for the marriage
— Contributions of each party to preserving and improving property
— Whether a party undertakes efforts to conceal or dissipate assets
— Squandering assets
— Income and property brought into the marriage
— Considerations for children, including the need for a medical or educational trust
— How a distribution may impact the tax obligations of each party
— Education, contributions to education, and the earning power of each spouse
— Other relevant circumstances

New Jersey law § 2A:34-23.1 gives the court latitude to divide assets with a rebuttable presumption that each spouse contributed substantially to the acquisition of property while married.

FAQ: Is a spouse entitled to a 401k in a divorce?

Yes, 401k contributions and gains in a divorce are marital property. However, each spouse’s premarital amounts and contributions to the acquisition of property are relevant. Division isn’t necessarily equal and may be offset by awards of other assets.

FAQ: What can I do if the other party is hiding assets?

If a spouse may be hiding assets, you can use legal procedures including subpoenas, depositions, and forensic accounting to uncover them. Penalties for concealment may include forfeiting the entire asset to the defrauded spouse, payment of legal fees, fines, and jail time. An experienced New Jersey high-asset divorce lawyer can help you investigate hidden assets and present the information to the court.

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Our powerhouse team of attorneys have chosen to devote their entire practice to family law, ensuring you have a support system of strong litigators who’ll work on your behalf in your unique situation. We listen and talk with you to determine your goals and desired outcomes, and then work with you to achieve them through our advocacy.

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