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Divorce Equitable Distribution Closely Held Businesses

Divorce is the formal legal dissolution of a marriage. The divorce process implicates many diverse areas of the law including, but not limited to, real estate, wills and trusts, child custody, and tax.
Ward and Smith, P.A.

Marriage, Divorce & The Family Business: Is What Is Mine Really Yours Too?

Ward and Smith, P.A. on

North Carolina's equitable distribution laws provide the framework for determining how property will be valued and divided when one or both partners in a marriage decide to separate. Before doing a deeper dive into how...more

Fox Rothschild LLP

Is it Time To Stop Reflexively Applying Brown v. Brown to Disallow Discounts When Valuing a Marital Interest in a Business?

Fox Rothschild LLP on

For more than twenty years, the case of Brown v. Brown, decided by the Appellate Division in 2002, essentially changed the standard of value in divorce cases from fair market value to fair value or fair market value without...more

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