When a person owns a family business during a marriage and is involved in a divorce, generally the value of the business must be included in the property division to be determined by the court. If the business-owner spouse retains the business, the other spouse must be awarded other property to offset the value of …Read More
Category: Domestic Relations | Family Law
Divorce — A New Way
There is a new movement in local divorce practice whereby the spouses enter into an agreement not to litigate their case in court. Instead, they make a commitment to engage in comprehensive settlement negotiations on all of the issues in their divorce. The process is known as “collaborative divorce.” In the process, both parties retain …Read More