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Managing Country Club Memberships in NJ Divorce

Tag Archive: marital assets

Handling Distribution of Country Club Memberships in Divorce in Passaic County, NJ
Posted in: Division of Assets Divorce Family Law

Managing Country Club Memberships in NJ Divorce

January 20, 2023

Given That Country Club Memberships Are Viewed As Marital Property, The Parties Involved Must Reach An Agreement Regarding Their Distribution. Country clubs are great places to practice your backhand, breaststroke, dart, or putting skills. Country clubs are private.  Members pay initiation fees of anywhere from $10,000 to $1,000,000 and a yearly fee of $5,000 to $150,000 to enjoy haute cuisine, fine wines and spirits, dance lessons, fitness rooms, and more.  Getting into a country club is no walk on the […]

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Understanding How Stock Options and Restricted Stock Units Work in New Jersey
Posted in: Division of Assets Divorce Equitable Distribution Family Law Finances Mediation

Managing Unvested and Restricted Stock Options in a Divorce in NJ

July 14, 2022

Unvested and Restricted Stock Options’ Value is Determined by Numerous Factors That Can Make the Asset Division a Complicated Process in NJ Divorce. Besides working out what’s best for the children, property division can be the most challenging part of a divorce. Evaluating cash businesses, executive bonuses, and stock options are not always straightforward and may require professional help. Often, a company may offer key employees incentives to stay with the company and work hard to make the company profitable. […]

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Gambling and Its Impact on Divorce and Financial Consequences in New Jersey
Posted in: Division of Assets Divorce Family Law Finances Mediation

Gambling Issues in a Divorce Context in New Jersey

July 4, 2022

Dealing with a Spouse with Gambling Addiction May Lead to Divorce and Carry Severe Financial Consequences Compulsive gambling or gambling disorder generally refers to an individual who is unable to control the urge to gamble despite the many consequences. A person can form a gambling disorder through online gambling, poker, roulette, blackjack, slot machines (slots), or any other casino game. In addition, gambling may include sports betting and other forms of wagering money on unpredictable events, competitions, or games. Similar […]

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What you need to know when dividing a business in the middle of divorce in NJ
Posted in: Division of Assets Divorce Equitable Distribution Family Law Finances High Net Worth Divorce Mediation

Why You may Need a Business Valuation Expert in Your New Jersey Divorce

September 20, 2021

When it comes to marital asset division in a New Jersey divorce, you may need help determining the value of a certain property, namely a business. While bank accounts have defined values, other assets depend on various factors to arrive at a value. Take art collections, antique vehicles, and a family business, for example. Finding an objective value for any of these assets takes expertise in the field of art, antiques, finances, and marketing. To evaluate a business in divorce […]

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How much does a divorce really cost?
Posted in: Divorce Family Law Finances Mediation

How Much Does a Divorce Really Cost?

March 4, 2021

Few would dispute that the cost of divorce is high. It is a cost that is paid financially and emotionally by couples, their children, and their families. It’s no secret that divorce in New Jersey is an expensive undertaking. Even when a separating couple is on amicable terms and works together to expedite the process, the costs can pile up. Read on to learn more about what expenses are foreseeable in a divorce proceeding and how you can lower the […]

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