Business divorce settlements can be complex, especially when it comes to taxes. It is essential to understand the tax implications of splitting assets and compensating business partners. Knowing how taxes impact the settlement can help ensure both parties make...
Business Law Professionals
On behalf of The Business Divorce Institute
Signs your business partnership has run its course
Just as romantic relationships sometimes run their course, the same holds true when it comes to New Jersey business partnerships. When the relationship between you and your business partner or partners sours, it may have a direct impact on your ability to run a...
Why is There a Need for the Business Divorce Institute (Part 2)
In our blog post, Why is There a Need for the Business Divorce Institute (Part 1), we described some of the mistakes that business owners make in deciding to partner and selecting a partner. We announced that it is the mission of The Business Divorce Institute to...
Why is There a Need for the Business Divorce Institute (Part 1)?
People enter into business partnerships too casually. When a new client contacts me and says: “I have decided to take a partner. Can you draw up the paperwork?”, my first question is “Why do you want to partner”? I continue to be amazed at some of the responses I...
Top 4 Reasons Leading to Corporate Divorce
Challenges are inherent in owning and effectively operating a business. In addition to navigating the day-to-day tasks of the business, unforeseen roadblocks can leave business owners feeling worse for wear. Sometimes owning a business can feel like a lonely road,...