Protecting Your Business During A New Jersey Divorce
When a marriage ends in New Jersey, businesses owned by either spouse are treated as marital property under the state’s equitable division laws. This means courts aim to divide assets fairly – not always equally – based on factors like ownership timelines, contributions and financial needs. Navigating this process without an attorney’s guidance risks undervaluing your business or losing control of its future.
I am attorney Stephen R. Piper, helping Burlington, Camden and Gloucester County residents manage high-stakes business divisions during a divorce. With over 25 years in family law, I combine my military combat experience and former prosecutor background to tackle complex cases head-on. Choosing The Law Offices of Stephen R. Piper, LLC, means I stand ready to help you understand your options and develop strategic approaches to preserve your Moorestown business interests.
How Businesses Are Divided In Divorce
New Jersey courts use specific methods to address business ownership:
- Valuation: A forensic accountant may assess the business’s worth by reviewing finances, market value and future potential.
- Buyouts: One spouse might keep the business by buying out the other’s share.
- Co-ownership: More rarely, ex-spouses continue running the business jointly.
Valid prenuptial or postnuptial agreements can override these rules. Without such agreements, disputes often hinge on proving each spouse’s role in growing the business.
While online tutorials suggest handling divisions alone, even small errors in paperwork or valuation can lead to costly outcomes without proper legal intervention. As your lawyer, I can develop tailored strategies for negotiating buyouts, disputing unfair valuations or enforcing marital agreements.
Why Choose The Law Offices of Stephen R. Piper, LLC?
My service taught me to stay focused under pressure – a skill I apply to every case. As a former prosecutor, I know how to build compelling arguments in settlement talks or trials.
Having personally navigated divorce, I also understand the emotional toll it takes on families and finances. My firm prioritizes clear communication and strategic action to safeguard what you have built.
Act Now To Protect Your Business
Since divorce reshapes your future, do not leave your Moorestown business’s fate to chance. Contact The Law Offices of Stephen R. Piper, LLC, today at 856-333-3586 or fill out the online form to secure a fair outcome.