Services
06. High-Net-Worth Divorce
Divorce Matters Involving Significant Assets and Complex Financial Issues
Divorce involving substantial assets, significant income, and complex financial interests can present issues that require careful analysis and attention to detail.
Unlike a divorce involving relatively straightforward financial circumstances, a high-net-worth divorce may involve multiple sources of income, business interests, investments, real estate, executive compensation, retirement assets, trusts, and other financial interests. Identifying, valuing, classifying, and addressing these assets can become an important part of the divorce process.
Glynn J. Dwyer, Jr., Esq. handles divorce matters involving complex financial circumstances and significant assets, with attention to the legal and financial issues that may arise in these cases.
Issues in High-Asset Divorce
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Closely held businesses and professional practices
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Business interests and business valuation
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Executive compensation, bonuses, and deferred compensation
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Stock options, restricted stock, and other equity interests
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Investment and brokerage accounts
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Real estate and investment properties
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Retirement accounts, pensions, and other retirement benefits
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Trust interests and other financial arrangements
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Bank accounts and other financial assets
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Marital and separate property
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Income and compensation from multiple sources
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Spousal support considerations
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Tax considerations associated with income and property
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dentification and valuation of marital assets
A financially complex divorce may involve a wide range of assets and financial considerations, including:
The financial circumstances of each divorce are different. The nature and extent of the issues will depend upon the assets, income, ownership interests, and other circumstances involve
Business Interests and Valuation
Business interests can be among the more complicated assets to address in a divorce. A closely held business, professional practice, partnership interest, or other ownership interest may require an understanding of the nature of the business, its ownership structure, income, assets, liabilities, and value.
Questions may also arise concerning the distinction between business income and the value of the business itself, as well as the treatment of compensation, distributions, retained earnings, and other financial interests.
Executive Compensation and Investment Assets
High-income divorces may involve compensation that extends beyond a regular salary. Bonuses, deferred compensation, stock options, restricted stock, equity interests, and other forms of compensation may raise questions concerning their value and treatment in the divorce.
Similarly, investment portfolios can include numerous accounts and types of assets that must be identified and evaluated as part of the overall financial picture.
Real Estate, Retirement Assets, and Other Property
A financially complex divorce may also involve multiple real estate holdings, investment properties, retirement accounts, pensions, trusts, and other significant assets.
Determining the nature and value of these assets, as well as whether they are marital, separate, or subject to other legal considerations, can be an important part of resolving the financial aspects of a divorce.
Identifying and Evaluating the Financial Picture
A complete understanding of the parties' financial circumstances is an important part of addressing a complex divorce.
This may involve reviewing financial records, ownership interests, income sources, investments, property, retirement benefits, and other assets and liabilities. Depending on the circumstances, issues of valuation, classification, tracing, and other financial considerations may need to be addressed.
Experience With Complex Divorce Matters
Glynn J. Dwyer, Jr., Esq. has nearly four decades of experience practicing family law, including divorce matters involving substantial assets and complex financial and legal issues.
His experience includes matters involving business interests, significant financial assets, income and compensation, property division, support, and other issues that may arise in financially complex divorces.
Each divorce presents different circumstances and legal issues. The appropriate approach depends upon the assets, financial interests, income, ownership arrangements, and other facts of the individual matter.
Nearly 40 Years in Practice
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With nearly 40 years of New Jersey family law experience, Glynn Dwyer, Esq. provides trusted representation in divorce, child custody, mediation, arbitration, and litigation matters throughout Monmouth County and across New Jersey.
Every case is unique. We provide personalized guidance tailored to your situation and goals. Contact our office to discuss your matter and next steps.