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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Gambling Addiction and Divorce: Divorcing a Gambler

What is a compulsive gambler? Compulsive gambling has been characterized as a progressive behavior disorder, where a person has an uncontrollable fixation and urge to gamble, as well as an emotional dependence on gambling and a complete loss of control. Someone with a gambling disorder is known as...

June 14, 2024 Read More

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What is walkaway wife syndrome?

Walk away wife syndrome is a term used to describe a wife’s behavior when she abruptly ends a relationship without first attempting to resolve conflicts. Walk away wife syndrome is also often referred to as neglected wife’s syndrome or sudden divorce syndrome. Neglected wife syndrome, lonely...

June 7, 2024 Read More

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Adultery and Divorce in New Jersey

Grounds for divorce in New Jersey There are two types of divorce in New Jersey: “no fault divorce” and  “at fault divorce.” Adultery and the law No fault divorce is possible if the married couple establishes irreconcilable differences for a period of six months or more. It is also...

May 17, 2024 Read More

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