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High Net Worth Divorces in Union County

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High Net Worth Divorces in Union County

Though divorce is complicated for everybody, couples that have a high net worth when they get divorced are faced with additional complexities. The more assets a couple has, the more they will have to address during the equitable distribution process. Of course, neither spouse is going to want to let go of the assets they have worked so hard for. A couple is considered “high net worth” when their combined marital assets are valued at over a million dollars.

When a couple has a high net worth, they may have to address matters that other couples do not have to worry about, some of which include the following:

  • Business arrangements, such as business partnerships, deferred compensation, and stock options
  • Complex tax structures and other tax planning
  • A number of different real estate holdings, including multiple properties and a variety of types of properties
  • Complex retirement structures, such as pensions, 401k’s, and other benefits
  • Extensive investments, including stocks, bonds, and other investment properties

Of course, both spouses will be required to provide a full financial disclosure to the court. If certain financial aspects raise red flags, a forensic accountant may have to do a further investigation. If they find concerning matters, the Internal Revenue Service may get involved.

If you have questions about a high net worth divorce, contact our firm today.

Ross and Calandrillo, LLC is a full-service divorce, family, and real estate law firm located in Mountainside, New Jersey. For strong legal representation in all of your divorce or family law matters, contact Ross and Calandrillo, LLC to schedule a consultation.

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Mediation Services

Our firm believes that exploring alternatives to litigation can greatly benefit our client. Our firm’s established mediation practice can help you resolve family law issues more efficiently, amicably and at a lower cost. If you are interested in knowing more about our mediation services, contact the firm to discuss your situation.

“This firm and it's team are the best out there, hands down. Robyn Ross helped me through a difficult time. Something that should have been...”

– Nestor –

“Robyn navigated me through a difficult period and explained every piece of the process in great detail along the way. I know in the end...”

– Clarissa –

“Robyn Ross handled my two cases and won both, her passion and expertise was beyond a 5-star rating. She communicated with me through both cases...”

– Abdul –

“Liz represented me throughout a long and difficult divorce process. She was a godsend. Her knowledge, compassion, dedication, and commitment are unparalleled. I can not...”

– Peter –

“The hardest part of going through a divorce or separation is the children. I’m so thankful that I had this firm represent my case. Ross...”

– Paula –

“This is a great counsel team. Very knowledgeable, professional and compassionate. They also make you feel like you are their only client, very attentive!”

– Bettyna J. –

“This firm and it's team are the best out there, hands down. Robyn Ross helped me through a difficult time. Something that should have been...”

– Nestor –

“Robyn navigated me through a difficult period and explained every piece of the process in great detail along the way. I know in the end...”

– Clarissa –

“Robyn Ross handled my two cases and won both, her passion and expertise was beyond a 5-star rating. She communicated with me through both cases...”

– Abdul –

“Liz represented me throughout a long and difficult divorce process. She was a godsend. Her knowledge, compassion, dedication, and commitment are unparalleled. I can not...”

– Peter –

“The hardest part of going through a divorce or separation is the children. I’m so thankful that I had this firm represent my case. Ross...”

– Paula –

“This is a great counsel team. Very knowledgeable, professional and compassionate. They also make you feel like you are their only client, very attentive!”

– Bettyna J. –
 

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