No couple ever wants to imagine the day when they get divorced. Unfortunately, however, this happens to roughly half of all couples here in the United States. Of course, divorce is always a complex issue, however, if you are a high net worth couple, you have even more on the line than most other couples. Please continue reading and reach out to a knowledgeable Chester divorce lawyer from Graves Andrews, LLC today to learn more about high net worth divorce and how our legal team can help if you’re currently going through one. Here are some of the questions you may have:
What makes a high net worth divorce different from a standard divorce?
Essentially, the key factor in determining what makes a high net worth divorce different from more standard divorces is the amount of assets a couple owns. If you and your spouse own $1 million or more and you are about to get divorced, you are in a high net worth divorce. Couples in high asset divorces often have various assets on the line that other couples don’t. For example, you may have expensive jewelry, memorabilia, antiques, high-end vehicles, stock options, multiple properties, jointly held bank accounts, and other high-end assets of that nature.
What should I do to protect my assets during a divorce?
Of course, with so much on the line, you’re most likely looking to do anything you can to protect what you believe is rightfully yours. Fortunately, there are various actions you can take. To start, if you’re not yet married, you should consider drafting a prenuptial agreement that can outline exactly what will happen with your assets, should you and your fiance ever get divorced in the future. If you’re already married, you can draft a postnuptial agreement, which serves the same basic purpose as a prenuptial agreement. That said, if you’re getting divorced and have not drafted any of these agreements and cannot agree on asset distribution with your spouse, your best line of defense is retaining the services of a competent and aggressive Morristown high net worth divorce attorney who has significant experience taking clients through the divorce process and fighting to protect their assets. Our firm is here to help you in any way we can–you just have to pick up the phone and give us a call.
Contact Our Experienced New Jersey Firm
Graves Andrews, LLC is an experienced Morris County family law & criminal defense law firm serving all of New Jersey. Contact Graves Andrews, LLC to schedule an initial consultation to learn more about our services and how we can assist you. Reach out to our experienced attorneys today to get started.