High Net Worth Divorce
Comprehensive Representation for High Net Worth Divorce
The attorneys at Ulrichsen Rosen & Freed LLC understand that a high net worth divorce with significant assets requires attention to more than the numbers on the page. Our experienced lawyers provide a comprehensive approach that balances our clients’ desire for efficient representation with their need to ensure that their assets are fairly and duly distributed.
The division of the significant assets and liabilities of a marriage is often a major concern for high net worth clients. New Jersey law requires an equitable distribution of assets and liabilities that were legally and beneficially acquired during the marriage. This means that the property of your marriage must be divided fairly, not necessarily equally or 50/50. Additionally, in certain cases, the increase in value of a premarital asset may be subject to division at the time of divorce.
The attorneys at Ulrichsen Rosen & Freed LLC have significant experience with complex equitable distribution and can assist business owners, trust beneficiaries, professionals such as physicians and lawyers and others with high net worth and complex assets, to protect their interests with a fair and equitable property division.
If necessary, the attorneys at Ulrichsen Rosen & Freed LLC will collaborate with accountants, business valuation experts, appraisers and other financial experts to ensure that all marital assets are properly valued and distributed.
Beyond Property Division
The complex nature of a high-asset divorce extends beyond distributing assets and liabilities. If parties have a high net worth, nearly every aspect of your divorce can be affected.
- Alimony and Spousal Support: Courts have significant latitude when determining alimony or spousal support. This is an issue of significant importance to spouses accustomed to a high standard of living and may be impacted by the receipt of assets received through equitable distribution.
- Child Support: After a certain income threshold, New Jersey’s child support guidelines become only a starting point for a child support award. Numerous other factors are considered in determining if there should be an “above guidelines award.” The income generated by assets received through equitable distribution can have an impact on child support.
If you have significant marital assets, seeking legal counsel early in your divorce can best protect your assets or ensure that you receive your fair share of marital property. We provide representation for issues related to complex asset division to clients living throughout New Jersey including Mercer County, Somerset County, Hunterdon County, Middlesex County and Burlington County.To schedule an initial consultation, contact us at 609-730-3850, toll free at 800-763-7559, or send us a secure message online.