Case Overview: In a divorce involving a Korean-American couple in their 60s, the husband disclosed assets in the U.S. but intentionally omitted several real estate properties and bank accounts located in South Korea. The wife knew of these assets but lacked the resources and legal means to prove their existence in a U.S. court.
Song Law Firm’s Strategy: Utilizing our firm’s global network, we conducted a thorough search of Korean real estate registries and financial records. We established the New Jersey court’s jurisdiction over the “worldwide marital assets” of the parties. We provided the court with certified translations of asset values in USD and addressed the tax implications of international asset transfers.
The Result: The court included all previously hidden Korean assets in the marital estate. The wife received a fair 50% distribution of the global assets, including a cash equalizer for the properties held abroad, ensuring her financial independence.
[Contact Us]
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KakaoTalk: Song Law Firm
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Phone: 201-461-0031
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Email: mail@songlawfirm.com
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Website: www.songlawfirm.com
[Disclaimer] The information provided here is for general informational purposes only and does not constitute legal advice. Results may vary depending on the specific facts and circumstances of each case. Please consult with a professional attorney for guidance on your specific matter.
