If you're getting a divorce in New Jersey and own a business, it's important to know that your company could be considered a shared asset. When your marital assets are divided, there are several ways in which your business might be affected. Knowing what to expect can...
Property Division
Valuing a professional practice during a divorce
Professionals in New Jersey should understand that their practice may be viewed as a marital asset during any divorce proceeding. That means that, like the house, retirement accounts and checking account, it will potentially be divided with a portion of the value...
Is your spouse hiding assets?
When working through divorce, you would hope that your spouse would at least not work against you. But unfortunately, that is not always the case. Sometimes, a spouse might try to use the confusion and turmoil of divorce to make some personal gains. This is often the...
How may New Jersey divide executive compensation in a divorce?
A divorce involving a highly compensated executive may entail dividing valuable stocks and other employer benefits provided as bonuses or incentives. Under New Jersey's equitable distribution laws, you may have a right to receive a fair share of his or her...
What unique hurdles do grey divorcees face?
Grey divorce refers to anyone who gets divorced in their 50s or later, compared to younger divorcing couples. But age is not the only factor that plays a role in differentiating grey divorce. In fact, grey divorcees often face more hurdles than younger couples. What...
Identify and categorize your assets ahead of property division
If you and your spouse have decided to end your marriage, you may feel apprehensive about the property division phase of the divorce. The effort to assemble your financial information takes time, but it will help you identify and categorize your assets for a smoother...
What should you do with your marital home?
Deciding to divorce your current spouse means deciding what to do about your marital home. Which options do you have, and which makes sense for you? U.S. News & World Report may help you decide how to handle property division in a divorce. Explore your choices to...
What do you know about selling a home during a divorce?
As part of your divorce, you and your current spouse want to sell your marital home. Neither of you knows how to navigate the process, and you want to do things the right way. American Home Agents offers tips for putting a marital home on the market during a divorce....
Is your divorcing partner trying to cheat you out of assets?
When going through a divorce, you hope your spouse is as honest and forthcoming as possible. Unfortunately, that is not always the case. In fact, many couples find that at least one spouse has attempted to hide assets. To make sure you get your fair share, you may...
Micro factors that may affect the value of your family business
If you own a New Jersey business, the recent economic turmoil may affect its value and become a point of contention if you are going through a divorce. The financial impact and fluctuation in asset values could require a valuation for equitable distribution purposes....