Are There Any Specific Considerations for Dividing Luxury Assets in a High-Income Divorce?

Are There Any Specific Considerations for Dividing Luxury Assets in a High-Income Divorce?

Dividing luxury assets like yachts, private jets, or vacation properties in a high-income divorce in New Jersey involves several considerations, as the division of such assets can be complex and contentious. Here are some key factors to keep in mind: Asset Classification: New Jersey is an equitable distribution state, which means that marital assets are…