Blog: Business Divorce

  • What will happen to your business in your divorce?
    Many married couples in New Jersey find that starting a business together is the best way to support their families and work toward their goals. However, if the couple eventually decides to get divorced, both parties may be concerned about what will happen to the business they worked so hard to build. Is the business marital property? The first step is often to determine whether the business assets are marital property. If the business was...
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  • What options are available when business owners divorce?
    Married couples in New Jersey may own a successful and profitable business together. However, their marriage may not have been as successful as their business, and they may make the decision to divorce. When this happens, they have several options for handling the division of the family business in a divorce. Option one: one spouse keeps the business If one spouse wants to keep the business and the other spouse does not, the spouse keeping...
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  • How a living trust can protect your business in a divorce
    You thought you had it all. You met the love of your life, got married and bought your dream home. You finally dropped that last 15 pounds and even ran your first marathon. You worked up the courage to quit your job and started your own publishing company–which has been thriving. Suddenly things went south. Your relationship hit the rocks. Things were said and done that can’t be taken back, and now you’re facing...
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Michael Ritigstein is a Founding Partner of the firm concentrating his efforts in supporting the firm's litigation, corporate and estate matters. Mr. Ritigstein graduated from the University of Delaware in 1996 and Seton Hall University School of Law in 2000. In 2007 he received a Masters of Law in Taxation with a concentration in Estate Planning, from Temple University's Beasley School of Law.

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