When you and your spouse own a business together and decide to divorce, dividing that business can be complex. The same is true if you built a company during your marriage. Connecticut follows equitable distribution principles. This means the court aims for a fair...
Divorce
3 ways separate property can accidentally become marital property
You kept your inheritance in your own name and you may have never thought of it as marital property. Unfortunately, that assumption can be costly in Connecticut. Courts use equitable distribution rules to divide marital property, but judges first must classify which...
Splitting valuable collectibles and art in high-asset cases
Dividing valuable items in a divorce is not just about numbers. When your collection includes fine art, rare coins or designer watches, both emotions and financial stakes come into play. You may worry about fair valuations, potential disputes or protecting items you...
3 questions Connecticut business owners often ask about divorce
Divorce is never only emotional. A shared life isn’t just about a home or possessions. For business owners, it also brings serious financial stress, raising questions about who will keep a part of their life they built from the ground up. A business can represent...
Is business goodwill considered a marital asset?
Yes, Connecticut courts can treat business goodwill as a marital asset, but only under specific conditions. If your divorce involves a business, the court may factor in the intangible value tied to reputation, client loyalty or steady cash flow. However, not all...
How are passive and active appreciation treated in divorce?
You may not think about appreciation until you start dividing property, but it plays an important role in Connecticut high-asset divorce. Connecticut follows an all-property approach to divorce. This means the court can consider any asset owned by either spouse,...
4 financial complexities that make high asset divorce different
Divorce is always a challenging process, but it becomes more demanding when a couple has significant wealth or major shared assets. In these situations, the process is not only about ending a marriage. It becomes a major financial transition that may change long-term...
How do equitable distribution and community property differ?
If you live in Connecticut, understanding how courts divide property during a divorce can help you make informed decisions. You may hear the terms “equitable distribution” and “community property” rules, and knowing the difference may clarify what to expect in the...
Signs that you may be headed towards divorce
Many couples go through rough patches, but when certain patterns begin to dominate a relationship, they can be strong indicators that divorce may be on the horizon. While every marriage is different, relationship experts often point to four major warning signs that...
Deferred executive compensation can complicate divorce
Successful individuals may commit so much to their careers that their family relationships suffer. Executives in high-pressure industries are theoretically at elevated risk of divorce because of their career demands. Even if they divorce for a reason completely...
