Tag: Divorce

In Divorce, Judges Won’t Do Pots and Pans

May 26, 2012 | Blog, Divorce, Equitable Distribution

Icon for author Brian Vertz Brian Vertz

Whether you were married two years or twenty-five, chances are that you and your spouse have accumulated a lot of “stuff” – furniture, rugs, dishes, knick-knacks, pots and pans. When you separate or divorce, that stuff has to be divided. As you might imagine, no judge or hearing officer wants to spend hours hearing about your pots and pans, their value, and who got them. Here are some principles that […]

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Women Unchained: the Struggle to Secure a Jewish Get

February 19, 2012 | Blog, Divorce

Icon for author Brian Vertz Brian Vertz

Jewish women of the Orthodox faith may encounter obstacles unknown to most women when divorcing. A new documentary film, Women Unchained (2011), explores the plight of Jewish women to obtain a religious divorce, or “get.” Women whose husbands refuse to grant them a divorce,  known as “agunot” (from the Hebrew word meaning “chained”), cannot remarry in their faith and may be ostracized from their religious communities. Their husbands have learned […]

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Rental Real Estate Valuation in Divorce

February 10, 2012 | Blog, Business Valuation

Icon for author Brian Vertz Brian Vertz

Valuation of commercial real estate and rental properties is an issue that arises in high-asset divorce proceedings. Real estate appraisal is sometimes performed within a business valuation, if the business owns real estate. In 2011, the U.S. Tax Court issued an opinion addressing real estate valuation in a case where competing experts offered two different methods. Like most Tax Court cases, this opinion involved an owner who had passed away, […]

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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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