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Divorce

What Your Business Partners Risk When You Divorce in NJ

What Your Business Partners Risk When You Divorce in NJ

A closely held business can end up with an unwanted new owner if a partner's divorce isn't planned for in advance. Key Takeaways: A divorce can hand your business to an outsider. A buy-sell agreement can head off this outcome early. The right legal guidance helps...

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Gray Divorce in New Jersey: What Changes After 50

Gray Divorce in New Jersey: What Changes After 50

Gray divorce in New Jersey raises different financial and emotional questions than divorce earlier in life, especially around retirement and health coverage. Key Takeaways: Retirement accounts often outweigh the house in later-life divorces. Alimony calculations shift...

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How NJ Courts Value a Business in Divorce

How NJ Courts Value a Business in Divorce

New Jersey courts use three primary valuation approaches to divide business interests in divorce, each producing a different result. Key Takeaways: The valuation method chosen can shift a business's value significantly. Enterprise goodwill is divisible; personal...

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Debunking Common Myths About Complex Divorces

Debunking Common Myths About Complex Divorces

Complex divorces often come with numerous misconceptions. Debunking these common myths can provide clarity and help individuals navigate the process with more confidence and understanding. Key Takeaways: Complex divorces often involve high-net-worth assets, business...

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