By Tanya Helfand | Published December 18, 2017 | Posted in Business, Court Rules, Litigation | Tagged Tags: business, Divorce, family law, law, legal |
My spouse and I own a business together. How will a judge split the business?
Businesses have value and are considered assets for division pursuant to the equitable distribution law. Typically, in a divorce, an accountant values the business. The accountant, among other things, reviews the tax returns, books and records of the business for several years, obtains information from the business owners, and accountant of the business and researches Read More
Read MoreMy Spouse and I Own a Business Together. How will a Judge Split it?
Businesses have value and are considered assets for division pursuant to the equitable distribution law. Typically, in a divorce, an accountant values the business. The accountant, among other things, reviews the tax returns, books and records of the business for several years, obtains information from the business owners, and accountant of the business and researches Read More
Read MoreWhat To Do About a Business in a Divorce
So you own a business and you think like a business person, and you are getting divorced. Keep that “Bottom Line” mentality about your case, because it can be a bit of a maze of legal and accounting concepts. You have a business that started, “was acquired,” during the course of the marriage. Did you Read More
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