Businesses & Divorce Articles

Businesses & Divorce

Category: Businesses & Divorce

Can I Lose My Business in a Divorce in New Jersey?

Author: Nicole Casciola and Erin DeGeorge

If you are a business owner anticipating a divorce in New Jersey, you may be concerned about whether you will lose your business in a divorce. Many people are...

How Does a Buy Sell Agreement Work in a Divorce in New Jersey?

Author: Erin D. DeGeorge

If you are in the middle of a divorce and you are worried about how the divorce settlement business ownership process will work, a buy sell agreement can be...

LLC and Divorce

Author: Erin D. DeGeorge

Any property you or your spouse acquired during your marriage is generally considered marital property. Marital property in New Jersey is divided based on...

Closing a Business During a Divorce

Author: Erin D. DeGeorge

In New Jersey, the businesses of the spouses are equitably divided when they divorce - if the businesses are marital property. Any business that was started...

High Net Worth Divorce

Author: Erin D. DeGeorge

High net worth divorce cases generally involve cases where the value of the marital property is $1 million or more. High asset divorce cases affect every...

How Are Family Business Assets Divided in a Divorce?

Author: Rosanne S. DeTorres

According to the Family Owned Business Institute at Grand Valley State University, there are more than 5 million family businesses in the United State. These...

Is Deferred Compensation a Marital Asset?

Author: Erin D. DeGeorge

Many employers provide a variety of benefits that employees can earn – in time. These executive compensation benefits and employee benefits aren’t payable...

Starting a Business During Divorce

Author: Rosanne S. DeTorres

You may be wondering what starting a new business during divorce is like. If you, and possibly your business partners, are considering starting a business or...

3 Things to Know About Divorce and Executive Compensation in New Jersey

Author: Erin D. DeGeorge

Individuals who are considering divorce are often concerned about two particular aspects of the end of their marriage: the emotional burden and the financial...

3 Things to Do When You’re Getting a Divorce with a Business Involved

Author: Rosanne S. DeTorres

For anyone who is not familiar with the divorce process, it may come as a surprise to learn that their own – or their spouse's – individual interest in a...

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Divorce Mediator vs Lawyer: Do You Need a Lawyer or Mediator for Divorce?

If you are contemplating a divorce from your partner, do you need a lawyer or mediator for your divorce? What is the difference between the role of a divorce mediator vs lawyer?  To understand the difference, it helps to compare the roles of two types of sporting officials – the coaches and the...

October 4, 2024 Read More

Desk with a computer, calculator and tax documents

Filing Taxes After Divorce or Separation: Divorce and Taxes Guide

Going through a divorce is a complex process that involves many decisions about property division, finances, and providing for dependent children, and it’s common to feel overwhelmed by their scope.  It’s essential that the tax implications for all of these decisions get the attention they...

September 19, 2024 Read More

Father and child walking down path holding hands

Child Support and Unemployment: How Does Child Support Work When One Parent is Unemployed

When marriage ends in divorce in New Jersey, the terms of the divorce depend on whether or not the couple have dependent children.  While the marriage ends when the divorce is final, both parents will continue to have obligations to their children, to support their basic needs, growth and...

September 12, 2024 Read More

Divorce: The Answers you Need – Before, During & After

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