Protect Your Business Interests In Your Divorce
Dividing property during a divorce is already complicated. If one of you owns a business, however, the process could require serious legal knowledge and skill to properly value and divide the business. Protect your marital property by hiring an experienced family law attorney to help with a proper evaluation of your marital property.
The attorneys at Schepisi & McLaughlin, P.A., have the legal experience your case needs. We have been bringing our client-centered approach to Bergen County residents since 1978. If you are looking for a law firm with top-notch legal skills combined with a personal approach to help with your divorce case, call us for a free phone consultation today.
Proper Evaluation Is Key
New Jersey is an “equitable distribution” state, which means that divorcing couples separate their assets based on marital property and separate property. Whether or not a business is considered marital property relies on several factors, including when the business started. Even if the business began before the marriage, the court may still consider a portion of the business marital property.
Businesses are complicated legal structures. Many cases require forensic accountants to obtain a fair valuation of the business. We will consult with needed valuation and accounting professionals to help prepare for a division of your marital property, including your business.
Creating a property division agreement with your spouse may save you time and money if you can agree to all the terms. We will use our negotiation skills to attempt a resolution, if possible. We are prepared to take every case to trial, however, if a negotiated settlement does not meet your needs.