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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Bills, checkbook and a calculator on a table

Who Pays the Bills During a Divorce or Separation? Paying Bills While a Divorce is Pending

When a couple is in the process of getting a divorce, they are working with their separate attorneys’ advice to reach an agreement and work toward an eventual finalization.  It’s a process that unfolds over time, typically over the course of a year or more.  Along the way, household bills...

December 3, 2024 Read More

Woman taking her wedding ring off

How Soon Can You Get a Divorce After Marriage? Divorce Right After Marriage

The “honeymoon phase” of a marriage, typically the first six months to a year, has been romanticized by popular culture as an exciting time of joyful adjustment to the new commitment between partners.  Adjustment is certainly a major part of any new marriage, but for some couples, the joy...

November 12, 2024 Read More

Two people shaking hands

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

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

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