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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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

Gavel on a Family Law paper

What is the Difference Between a Divorce Lawyer and a Family Law Attorney: Family Lawyer vs Divorce Lawyer

If you are considering a divorce, you may be wondering: exactly what is the difference between a divorce lawyer and a family law attorney? A divorce lawyer is a family lawyer whose practice includes divorce among other things. Divorce law is considered a subset of family law; therefore, a family...

September 3, 2024 Read More

Tax papers, a calculator and a laptop on a table

What is imputed income? Imputed income in divorce in New Jersey

We don’t often think of a court postulating about what could be, but there is a notable instance when it will consider a “what if” scenario in a divorce case, when it involves imputation of income in New Jersey. Imputed income sometimes factors into calculations for spousal and child support,...

August 5, 2024 Read More

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