65 Madison Ave · Suite 420 · Morristown, NJ · 07960

¡Attention TAC People!

Press 'p' on your keyboard to make this palette go away.

Max width: 1200px
Color Hex R G B
Blue from Logo#003d65 0 61 101
Darker Blue#021020 2 16 32
Red from Logo#780500 120 5 0
Darker Red#400000 64 0 0
Gray from Modern Firm Site#f3f2ed 243 242 237
Bright, Light Blue#ccebff 204 235 255
Form Input Background Blue#accfe6 172 207 230
Slightly Darker Blue#002e4d 0 46 77
Slightly Darker Gray#e6e5e0 0 46 77
Darker Gray#cccbc7 0 46 77
Lighter Logo Blue#005c99 204 235 255
Login Link Blue#598fb3 89 143 179
Slighty Lighter Red#99150f 153 21 15
Slighty Darker Gray#b3b2ae 179 178 174
Hunter Green#013b23 1 59 35
Lighter Green #025935 ? ? ?
Beige Charcoal #1f1e1e ? ? ?
"Metallic Gold" #D4AF37 ? ? ?
"Darker Green" #012e1b ? ? ?

Tag Archives: High asset divorce

Protecting Business Assets In A New Jersey Divorce

Morris County NJ Business Asset LawyersWhen a couple gets a divorce, all marital property will be subject to division by the court unless the parties have otherwise been able to agree. This includes any business that one or both spouses owned during the marriage. While an individual may not be required to sell the company or sell assets within the company, each spouse may be entitled to a share of future profits.

It is important to note that a judge will take into account whether or not the business grew substantially while a couple was married. In other words, if one spouse already owned a mature and thriving company prior to the marriage, the other spouse would be entitled to less during the property division process. Business owners who are involved in a divorce are also urged not to hide personal or business assets or attempt to remove their former spouses from the company.

In some cases, this may result in a divorce case being reopened or a court piercing the corporate veil. It will also result in a longer and more expensive divorce proceeding. Once a settlement is reached, it is important to have it approved by the court to ensure that no future claims can be made. Business owners who decide to marry again are advised to consider prenuptial agreements to help protect their assets.

Business owners who are planning to get a divorce may benefit from seeking legal advice as soon as possible. Doing so may make it easier to create a settlement that is reasonable for both parties while also protecting the business going forward. Seeking legal counsel may make it possible to create a reasonable valuation of the company while possibly establishing that most of the company’s growth occurred prior to the marriage.

The Use Of Forensic Accountants In Divorce

Wealthy people in New Jersey and around the world are increasingly turning to forensic accountants when they divorce. According to financial experts, the trend is expected to grow. In the business world, forensic accountants are brought in to address potentially questionable accounting practices by business partners and associates. However, their expertise can also be necessary… Continue Reading

Hacking Of Infidelity Website Could Lead To More Divorces

Ever since its usage became widespread, the Internet has always been a perfect example of the mixed blessing. It can bring more information to your fingertips than any public library, and can do so faster, but much of that information is of questionable value. It can be a great tool to increase productivity at work,… Continue Reading

High Asset Divorce Avoid Becoming A Victim Of Your Own Success

Two factors can affect how smoothly your division of property and other assets in a divorce can go: how long you have been married, and how prosperous you have become during the marriage. You may have a spacious home, significant liquid assets, a sizeable investment portfolio, additional real estate holdings, pensions and other retirement accounts,… Continue Reading

Director Deals With Intense Divorce

New Jersey movie fans may have been following the tumultuous personal life of director Michael Moore. The director of such films as “Fahrenheit 9/11” is currently divorcing his wife of 23 years, Kathleen Glynn, who produced some of his documentaries. During their time together, the couple amassed tens of millions of dollars in income, and… Continue Reading

Divorce Reveals Nascar Chairmans Finances

New Jersey residents might be interested to hear that Brian France, the chairman of NASCAR, divorced his wife for the second time with even more assets to be divided between the two this time around. The couple originally married in 2001, divorced in 2004, remarried again in 2005 and are now divorcing again. France became… Continue Reading

Begin Your Conversation

  • Disclaimer: Contacting our firm via the internet does not create an attorney-client relationship. Please do not send any confidential information through this form.

Contact Our Morris County Office



Morristown / Morris County Law Office

65 Madison Ave

Suite 420

Morristown, NJ 07960

Morris County Mediation Office Map