Marital assets often come to the fore in a New Jersey divorce. Couples customarily worked long and hard to accumulate them, with each spouse understandably wanting to be treated fairly in the asset distribution process.
There’s almost no question that a family business is going to loom large in a New Jersey divorce.
It’s essentially a matter of degree.
High-asset divorces in New Jersey and elsewhere are sometimes not that different from more modest dissolutions in terms of the issues and challenges they present.
Here’s a quick refresher course on a big imminent change to family law in New Jersey and nationally, set to take effect from the advent of the upcoming New Year.
A state attorney vowed a few months back to “ask the judge for a tough sentence” in a matter featuring the bad conduct of a divorcing spouse hiding marital wealth. We traced the basic details of that criminal case in our September 28 blog post at The Law Office of Rajeh A. Saadeh in Somerville.
We referenced in a recent blog post what one national publication termed “a really big case” in the realm of divorce-linked asset transfer and distribution. Our November 15 post focused specifically on the common scenario involving the transfer from one divorcing spouse to the other of company-sponsored retirement funds and individual retirement accounts, respectively.
Divorce commentators commonly stress that marital splits often have some commonality regarding their core issues, but that there is no such thing as a “typical” divorce. The divorce process poses unique challenges and opportunities for every separating couple in New Jersey and nationally.
If you’re a soon-to-be former spouse engaged in New Jersey divorce negotiations while worried that your impending ex is hiding marital assets from you, schedule a date.
Don’t do this if you’re out of sorts over the way your divorce negotiations are going. And be on the lookout for it if you’re an impending ex who just wants to be sure that you’re getting your equitable share of the marital assets in a less-than-amicable split.