Business Valuation and Divorce

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America has millions of small businesses, family-owned businesses and closely-held businesses. Many thousands of these businesses reside in New Jersey, since it is the 11th most populated state in the country. Business valuation adds complexity to a divorce as compared to calculating income from W2 statements. The question always arises: in a divorce, how do Read More …

Is January Really “Divorce Month”?

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Many attorneys accept it as an article of faith that January is “Divorce Month.” Do an internet search on “January divorce month” and you will find a lot of articles discussing this alleged phenomenon. You will even find one article on Findlaw.com which concluded, after analyzing divorce filings, that March is the true divorce month: Read More …

Coffee Bean Direct – For Great Coffee

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I love supporting local businesses, and I love good coffee. The “About Us” web page of one of my favorite local businesses starts like this: “We’re passionate about coffee.” Me too. I buy 5-pound bags of roasted, whole-bean coffee from Coffee Bean Direct. I’ve been a customer since 2008. Their large-scale craft roasterie is located Read More …

Life Insurance – Important for Divorces

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All divorce settlements should have life insurance provisions. A life insurance policy maintained by the spouse who pays child support or alimony should cover these support payments until the payments’ natural end. What does this mean? Child support should be covered until the children are emancipated, that is, on their own. This could mean approximately Read More …

New Jersey 2014 Alimony Reform Law

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Last fall, Governor Christie signed a bill reforming New Jersey’s alimony law. The alimony reform changes generally apply prospectively, and not for in-place agreements or judgments. If you were currently paying or receiving alimony as of September, 2014, when the Governor signed the bill, you are mostly unaffected, but the new law may be relevant Read More …