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

Navigating High Asset Divorce: A Comprehensive Guide

For married couples in New Jersey, going through a divorce is rarely easy. However, the process can be more difficult when the spouses have accumulated substantial wealth during their marriage. Dividing assets in a high-net-worth divorce can be complex and require the help of multiple experts, including forensic accountants, valuation experts, and others. Determining which…

Open Duration Alimony vs. Limited Duration Alimony

Open Duration Alimony vs. Limited Duration Alimony

​ Open Duration Alimony vs. Limited Duration Alimony When you go through a divorce in New Jersey, alimony may or might not be an issue that needs to be addressed. Alimony is not automatically ordered. Instead, either spouse can request it in the divorce case. The court might order the higher-earning spouse to pay alimony…

How to Determine Open Duration Alimony Amounts

How to Determine Open Duration Alimony Amounts

​If you are preparing to divorce, you might wonder whether you might be ordered to pay or if you will receive alimony or spousal support. Alimony is a series of financial payments one spouse pays to the other when a significant difference in their incomes exists. The reason for alimony is to help the recipient…