I represent a number of business owners, and this is a very common question. It’s also one that is not so simple. You must look at several factors under the equitable distribution statutes, such as:
- Was there a financial contribution from the other spouse towards the business?
- Did martial assets go towards the business?
- Was there a non-financial contribution by the non-owning spouse during the marriage?
These are very complex questions, which are very personal to your case
Alison C. Leslie, Esq. practices family law exclusively in her Morristown, NJ offices, where she offers her clients the individualized attention of a solo practitioner with the experience of a larger firm.