There are some experts who decide to “rig” the value of a business in favor of one spouse. Here are some things that could point to a rigged valuation.
Business Valuation and Divorce
If you own a business with your spouse, valuing it will be one of the most complex issues in your divorce. Here are reasons why you should or shouldn’t settle.
Divorce Court in New Jersey is open to the public. Your testimony can be heard by complete strangers, you will have little control over the input the Judge uses to decide your case which is usually rushed in family court and court dates can be spread over the course of months where judges, lawyers, litigants […]
It was once true that prenuptial agreements were the province of the rich, the famous, and perhaps those who hoped that they would be rich and/or famous. Movie stars, business leaders, and descendants of families that amassed huge wealth over generations were the consumers of this legal service. Prenuptial agreements were considered rare and […]
It is not uncommon for a privately owned business to be part of the marital estate of divorcing couples. Obtaining a value of a business under these circumstances typically requires a formal business valuation. Business valuations under normal circumstances can be complex, but throw in the concept of “double dipping” in a divorce context and […]
Your primary residence is likely your most valuable asset, thereby causing a lot of problems when divorce does occur. This article outlines the financial issues that you need to consider when facing divorce and how to handle your home. Country music singer Mark Chestnutt touched upon the simplicity of owning a home and going through […]
A startup company in California will soon bring the possibility of getting a divorce online to the masses (in California for the time being, with plans to expand nationally). The website Separate.us was developed by an attorney that wanted to make divorce available through the internet at a low cost. While similar services are offered […]
There are any number of reasons why a couple may decide to sign a prenuptial agreement. Some may want to take a “what’s yours is yours, what’s mine is mine” approach to their marriage if things don’t work out. Brittany Spears was worth a fortune when she divorced backup dancer Kevin Federline, who was not. Thanks […]