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...
Divorce
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...
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...
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...
How can you help your children adapt to a divorce?
If you are going through or have gone through a divorce with your children, you could be wondering how to make this process easier on them. It’s normal for children to feel unsettled, angry, sad or in other ways during your divorce, and they may have some trouble...
What’s the difference between divorce mediation and arbitration?
Avoiding divorce litigation can be a good decision for everyone in your family. It will benefit you and your spouse by helping keep your costs down. It can help your children by reducing the amount of friction between their parents and eliminating the need for them to...
