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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Notebook with check marks and text "What to ask a divorce lawyer"

What To Ask a Divorce Lawyer

People who are contemplating divorce might be unsure about what to ask a divorce lawyer and how to identify important divorce questions. Hiring an attorney is a big decision, but when representation is needed in a family law matter the decision is often much more personal. Below are some...

May 1, 2024 Read More

Father and child hugging

Sole custody vs. joint custody in New Jersey

What does full custody mean in New Jersey? Another term for full custody is sole custody. People are often unsure of the difference between sole custody vs. joint custody. In the state of New Jersey sole custody is when one parent is designated to make all of the decisions for the child, and the...

April 26, 2024 Read More

Man sitting on a couch with his hand on his head

My husband’s mental illness is ruining our marriage

Mental illness refers to a variety of mental health disorders, which are often manifested through significant changes in a person's emotional behavior and overall attitude, frequently displaying issues with difficulty in social life, work and family activities. Oftentimes people think these...

April 9, 2024 Read More

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