Divorce for Athletes in Hackensack

A divorce can be stressful for families, no matter the circumstances. When you are an athlete with a significant net worth, you may have additional considerations during the process. Choosing the right lawyer can help your case go more smoothly. Our team of knowledgeable divorce attorneys focuses on assisting clients during their divorce by achieving the best possible results for child custody, spousal support, and distribution of marital property.

As Hackensack divorce lawyers, we represent clients at every stage of their divorce proceedings. We have experience handling high-net-worth divorces for athletes and could advise you accordingly. For information regarding divorce for athletes, contact our office. Someone is available to take your call 24/7.

Divorce Law for Athletes

Divorce proceedings can be quite complex under normal circumstances, but these proceedings can be even more stressful for athletes due to unique factors such as endorsement deals, performance bonuses, and potential future earnings. For athletes considering divorce, it is crucial to rely on the experience of a divorce lawyer who has handled other cases involving athletes.

Equitable distribution is the legal principle used to divide marital property upon divorce. While the goal is to divide property fairly, the specific factors considered can be unique in cases involving athletes. For example, athletes often have significant future earning potential, which can be a major factor in property division. A professional athlete’s endorsement deals, intellectual property rights, contractual obligations, and retirement plans can all impact the equitable division of their marital assets. A Hackensack lawyer who handles athlete divorces could access experts needed to value assets for equitable distribution. It may be necessary to consult forensic accountants, sports economists, and business valuators to determine the economics of the divorce. We routinely work with a team of financial professionals who can complement your dedicated family law team.

Considerations for Divorces for Athletes

A family lawyer in Hackensack with experience in athlete divorces will navigate the complex legal issues involved. Some important considerations for athletes getting divorced include:

• Valuation of Assets: Athletes often have unique assets, such as endorsement deals, intellectual property rights, and future earning potential. Valuing these assets can be complex and requires experience to achieve equitable distribution
• Prenuptial Agreements: For athletes with a prenuptial agreement, it can significantly impact the division of property and assets in a divorce
• Child Custody and Support: Athletes may have unique schedules due to training, competitions, and travel. This can impact child custody arrangements and child support calculations. However, both parents have a right to parenting time with their child no matter their schedule. An attorney can help develop a parenting plan that accommodates this
• Spousal Support: The potential for future earnings and the impact of the divorce on an athlete’s career can also be factors considered when determining whether to award spousal support

A Hackensack lawyer could protect the rights of athletes going through a divorce and negotiate with opposing counsel to achieve a fair outcome. An attorney familiar with this area of the law could also provide invaluable guidance throughout the divorce process.

Discuss Divorce for Athletes with an Attorney in Hackensack

If you are an athlete considering divorce, speak to a lawyer about your options. As a professional athlete, there may be certain factors to take into consideration when it comes to the distribution of assets, spousal support, child support, and other issues that may arise. We will protect your interests and advocate for a resolution with your spouse.

Divorces may become contentious when emotions run high. We understand how stressful this time can be and will approach your case with dedication, compassion, and patience to help you overcome this difficult time. Contact O’Cathain Law Group Family Law Department to set up a consultation regarding divorce for athletes in Hackensack.