Property distribution is an important part of the divorce process. New Jersey is an equitable distribution state, meaning judges use fairness as the criteria for division rather than equality. They use multiple factors to determine what is equitable. Businesses are...
Business Owner Divorce
How can you valuate your business for your divorce?
Running a business as a married couple may seem like an ideal choice during your relationship. However, when you divorce, the company and the assets that go with it may be up for debate. According to CNBC, a poll showed that about 98% of business owners do not know...
Divorce and the joint business in New York
As an entrepreneur going through a divorce, you probably harbor concerns about the impact of property division on your business. This especially applies if you started or share the business with your soon-to-be ex-spouse. New Jersey is an equitable distribution state,...
Dividing your family business in the divorce
If you and your spouse are divorcing and you have a family business, you have some difficult decisions ahead. Those decisions will likely impact others, including employees, customers and your community. Some businesses are separate property, but if your company is...
Will you lose all your wealth in a divorce?
Amazon founder Jeff Bezos and his wife, MacKenzie, are finalizing their divorce details. According to USA Today, Bezos, who is the wealthiest person in the world, is parting with a fair amount of Amazon stock. The former couple both announced some of the divorce terms...