On February 22, 2016, New Jersey Appellate Division Judge Marie E. Lihotz decided the case of Landers v. Landers (available at: http://caselaw.findlaw.com/nj-superior-court-appellate-division/1726674.html). The decision in Landers marks the first “published” decision that addresses the September 2014 amendments to New Jersey’s alimony statute, N.J.S.A. 2A:34-23. Although the Legislature made several amendments […]
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Related Practice: Family/Matrimonial
I Own A Business With Approximately 25 Employees. Although My Wife Has Never Worked In My Business Or Assisted Me In The Operation Of My Business In Any Way, She Is Claiming That If We Get Divorced, I Will Have To Pay Her For Her Interest In The Business. Is She Correct?
February 2, 2016 | by Cimmerian MorganDepending on various circumstances, if one spouse in a divorce action has an ownership interest in a business, that ownership interest can be deemed a marital asset subject to equitable distribution with the non-business owning spouse. Consequently, your wife may indeed have a “marital interest” in your business. In general […]
What Are The Child Support Guidelines? Are They Meant To Cover All Expenses Related To Children?
November 17, 2015 | by James DeStefanoThe Child Support Guidelines are a set of guiding principles that were developed to assist Courts with the establishment and modification of child support awards. Typically, the underlying principles of Child Support Guidelines are: (1) child support is a duty of both parents, (2) children are entitled to the support […]
For Nearly 20 Years, I Have Owned A Business Which Provides Consulting Services. Although My Business Has Been Lucrative, I Don’t Think Anyone Would Buy It Because Without Me, There Is No Business. Under These Circumstances, Would My Wife Have An Equitable Distribution Interest In My Business In The Event Of A Divorce?
November 17, 2015 | by Cimmerian MorganYour question implicates one of the more complex areas of family law in New Jersey. To begin, a basic understanding of business “value” in the context of a divorce is necessary. Many are surprised to learn that the goal of a business valuation in the context of a divorce is […]