Well-compensated professionals in the Red Bank, New Jersey area may feel trapped in their marriages partially due to their executive employment contracts. Their compensation packages provide them with pay based on their future job performance. Restricted stock units...
A Skilled Lawyer Guiding You Through Divorce And All Family Law Situations
John A. Patti, Esq. New Jersey Blog
Hidden compensation and “perks” in high-income marriages
Your paycheck might not show your full pay. Your job can include perks outside of salary. Your employer might pay for travel, housing or certain work costs. These benefits can affect the financial picture during divorce. In New Jersey, courts review income and...
The ‘secret’ bank account: Legal consequences for hiding assets in a New Jersey divorce
Considering divorce can bring out surprising behaviors, even for honest people. You might think about stashing assets away, like a hidden bank account or an undeclared stock portfolio. While this idea might seem tempting, it is a serious legal error. New Jersey courts...
Luxury assets and divorce: Managing high-value properties
Dividing property in a divorce is rarely simple. And when that property includes luxury homes, valuable art or fine jewelry, it becomes a financial puzzle with lasting consequences. If you're divorcing in Monmouth County and own high-value assets, you need to...
Tax implications of a high-asset divorce
To understand the nuances of a high-asset divorce, we must thoroughly grasp the financial landscape, especially concerning taxes. As you progress through the divorce process, comprehending the tax implications can help you make informed decisions that protect your...
Divorce: Did you invest in a family business instead of taking a salary?
Starting a business, or growing an existing one, is a long-term process. Someone who recently started a small company may give up their salary to reinvest all of the capital earned in the business. Their focus is on the long-term success of the company, not their...
Protecting a 401(k) during divorce proceedings
Personal resources and marital property may be at risk during a divorce. People may have to liquidate some of their assets to pay for divorce expenses. They also have an obligation to divide their property with their spouses. Unless people have marital agreements in...
Risk-taking attitudes and divorce
Love and commitment are essential ingredients for a happy marriage, but there’s another factor that can significantly impact its success: financial compatibility. Studies, including recent research from UC San Diego, highlight how differences in risk tolerance can...
Do business owners divorce more often?
Some groups of people are statistically more likely than others to eventually file for divorce. For example, people in certain professions may find that stress related to their employment invariably affects their marriages. High-demand careers can take a toll on...
Piercing the corporate veil during divorce
Most young children are taught that “sharing is caring.” Unfortunately, some adults hold onto the inverse lesson, that failing to share is a concrete way of showing someone that you don’t care about them. This mindset can be destructive at the best of times. Yet, when...


