High Net Worth Divorce Attorney in Bridgewater, NJ
Any time a couple goes through a divorce, they will face various challenges, whether emotionally, financially, or otherwise. When the couple has a high net worth, the process becomes significantly more complicated, especially when it comes to dividing marital assets. If you need an experienced legal team that you can trust to protect your assets throughout the divorce process, you can count on Siragusa Law Firm. We proudly represent clients across Somerset County, New Jersey who are facing a high net worth divorce. For quality legal representation when you need it most, contact Siragusa Law Firm today.
Why Are High Net Worth Divorces Different?
High net worth divorces are often slightly different from divorces with far fewer assets at stake. In a divorce, the couple is required to obtain all of their financial statements, including anything related to their assets and liabilities. For the most part, assets such as bank accounts are easily identifiable. However, this process can be much more complicated when it comes to divorces for couples with a high net worth. For example, if one of the spouses is self-employed, it can be challenging to determine how much of their income from the business is truly reported. It is important for the other spouse to understand that a tax return may not include all of the spouse’s available income. In fact, it may be necessary to retain the services of a forensic accountant who can get to the bottom of the other party’s true income.
If one spouse is not self-employed but is the executive of a company that offers a wide range of benefits, there may be other forms of income that are not necessarily visible on a pay stub. High-level employees are often offered stock options, stock units, restricted stock units, pensions, retirement plans, forgivable loans, signing bonuses, and more. There may be various other bonuses throughout the year as well. With so much to consider, it is important to have an experienced attorney on your side who can ensure you are getting your fair share of assets in the equitable distribution process.
Protecting Your Assets
At Siragusa Law Firm, we understand how important it is for you to protect your assets in a divorce. Our firm has significant experience helping clients to ensure their assets are safe during the equitable distribution process. Some of the complex assets that we regularly handle include:
- Family businesses
- Retirement funds
- Debts and liabilities acquired during the marriage
- Stocks, bonds, and other investments
- Vacation properties and other family homes/investment properties
- Collectible items
Contact A New Jersey High Net Worth Divorce Attorney
If you are facing a high net worth divorce in Somerset County, New Jersey, it is important to have a strong legal team that can help you effectively navigate the entire process. With so many additional complexities, be sure not to go it alone. Siragusa Law Firm has decades of experience proudly representing clients who need quality legal guidance during a divorce and family law matter. Contact our firm today to discuss your case.