Whenever a business owner, a high-income earner or a high-value asset owner divorces, there can be thousands and even millions of dollars at stake in the asset division. After the asset division, there often are large amounts of money involved in alimony payments as well. New Jersey spouses will want to remember that continued receipt of alimony can hinge on the living situation of the receiving spouse.
Don't handle a high-asset divorce alone
How to keep your divorce private
One part of divorce which can concern many people is the matter of privacy. Divorce has a way of taking private matters and turning them into public scrutiny. It can be natural to feel that situations brought up during a divorce, such as lying, cheating or some type of mis-conduct may not be kept a private matter. This can certainly be a worry for a couple going through a high-asset divorce where the stakes can be higher, and the public curiosity may be greater.
What can impact the effectiveness of “birdnesting”?
One term you may have heard thrown around lately when it comes to parents and divorce is birdnesting. Birdnesting is a living arrangement strategy that some parents have been turning to in the wake of a split.
Dividing a medical practice in divorce
Divorce is trying for everyone involved, but it can become even more complicated if you are dividing a business. After starting and building your own successful medical practice, it can be difficult to consider having to divide the value of your practice, especially if your spouse is not a doctor.
