Resources

I am the sole proprietor of a business which provides services.  If I were to leave the business, the business would undoubtedly die because it is entirely dependent on me.  Does this mean that my business has no goodwill?  How is “goodwill” determined? By way of preface, remember from my prior Ask the […]

Dear Ask the Attorney: I read a previous “Ask the Attorney” article, where the author explained that a business owned during the marriage might be subject to equitable distribution in the event of a divorce. For nearly 20 years, I have owned a business which provides consulting services. Although my […]

Dear Ask the Attorney: 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 […]

(We’ve redacted a large amount of personal information to protect the identities of those who are discussed in this question) Dear Ask the Attorney: I started crying when I saw a friend’s property settlement agreement (PSA).  [They were a very successful, well educated couple, both with prestigious jobs and with […]