As a business owner who is divorcing, you might be worried whether your spouse can claim part ownership and whether you will have to divide your business. Protecting what you have worked so hard to build is likely to be one of your biggest priorities in navigating the end of your marriage. When you are going through divorce—or even just planning for the future—it’s essential to und[ ... ]
One of the most complex aspects of property division in divorce is when one or both spouses own a business. The value of the business must be determined before equitable distribution of property can occur. Understanding how a business is valued during a divorce in New Jersey, whether it is separate or marital property, and how much of it may be subject to division, is essential for an[ ... ]
As a business owner, protecting your business is likely to be of the most important aspects of your divorce. The last thing you want is for your (soon-to-be-former) spouse to have a say in how you run things once your marriage is over. If you fail to adequately protect your business during your divorce, this could be a very real possibility. Protecting Your Business[ ... ]
Each state decides how spousal property is divided when a marriage ends. Where equitable distribution rules apply, as they do in New Jersey, spouses are supposed to receive fair but not necessarily equal shares of[ ... ]
Family law attorneys often discuss the property rights of individuals before marriage and when couples break up. For a change, let's look at the property of Hackensack[ ... ]