A business started before marriage may begin as separate property in New Jersey, but that does not always mean the entire business stays outside equitable distribution. The main questions are usually: What was the business worth when the marriage began? Did it increase in value during the marriage? What caused that increase? Were marital funds […]
A privately held business is usually valued by examining its financial performance, assets, liabilities, income, ownership structure, and future earning potential. Unlike a publicly traded company, there is no daily market price that tells the court exactly what the business is worth. In a high-asset divorce, that often means bringing in a business valuation professional, […]
