When you own a business, you need a divorce lawyer who is well-versed in business valuation. As a result, business owners who go through divorce need an expert to guide them through the legal process. Business valuation is one of the most complex issues in a New Jersey divorce. Mr. Townsend, Mr. Tomaio, and Ms. Newmark have worked closely with most of New Jersey’s top forensic accountants in valuing businesses. At Townsend, Tomaio & Newmark, L.L.C., our New Jersey divorce attorneys have years of experience in the areas of divorce and division of business assets. If you have filed or are considering filing for divorce, we offer a free initial consultation to discuss your case and answer your questions. We represent business owners and spouses of business owners in Morristown, Newark, and other New Jersey communities who are going through a divorce.
Owning a Business and Divorce in New Jersey
The qualities that made you a successful business owner can work to your advantage or your disadvantage during a divorce. It’s important to remember you are negotiating a divorce and not a business transaction.
Business valuation is one of the most complex areas of divorce law. The stakes are extremely high. There are many New Jersey divorce attorneys who do not have adequate experience in valuing a professional practice or business. Mr. Townsend, Mr. Tomaio and Ms. Newmark have successfully handled hundreds of business valuations.
Is my business marital property? Even if your spouse was not involved in your business, it may be considered marital property if it was started during your marriage. If you started the business before your marriage, a portion of it may be considered marital property.
Contact Our Morris County NJ Business and Divorce Lawyers Today
There is only so much information we can communicate about divorce and business ownership on a Web page. The only way to receive legal advice is to discuss your case with a divorce lawyer. Everyone’s business is unique, and the answer that is right for someone else might not be right for you. To schedule a free initial consultation, call 973-840-8970 or toll-free at 973-840-8970.
