Tag: Settlement

5 Settlement Documents that Divorcing Business Owners Must Have

June 08, 2011 | Blog, Business Valuation, Divorce, Marital Property, Settlement

Icon for author Brian Vertz Brian Vertz

When business owners get divorced, their settlement may have profound consequences for the business and other owners. Often, one spouse “sells” or gives up a share of the business to the other spouse. Since most small business owners do not have enough cash to pay a lump sum for that share, they might have to make installment payments over months or years. It is critical to structure the divorce settlement […]

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Massachusetts Authorizes Post-Nuptial Agreements

August 04, 2010 | Blog, Court Decisions, Divorce, Marital Property, Settlement

Icon for author Brian Vertz Brian Vertz

The Supreme Judicial Court of Massachusetts ruled recently that agreements between spouses who plan to continue their marriage but wish to define their legal rights and obligations in the event of divorce are enforceable in that state. Some states (notably Ohio) do not permit spouses to execute agreements waiving their marital rights unless they are actually pursuing divorce, and the law of many states is unsettled. In its recent decision, […]

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