Navigating a High Net Worth Divorce: Key Steps to Protect Your Future
Divorce is always a significant life event, but when substantial assets are involved, the stakes are even higher. A high net worth divorce—typically involving over $1 million in assets—requires careful planning, strategic thinking, and experienced legal counsel. At Simon Law Group, we understand the complexities that come with dissolving a financially intricate marriage. Here are the essential steps involved in navigating a high asset divorce.
Step 2: Identify and Classify Assets
The next step is to take a full inventory of assets, including:
Once identified, the assets must be classified as marital or separate property. This distinction will guide what is subject to equitable distribution under New Jersey law.
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