Getting Divorced in Connecticut when there is a closely-held business
Many divorce cases in Fairfield County involve parties who own and operate their own businesses, including law or medical practices, small businesses, and family businesses. Parties living in Westport and Greenwich often want to know what will happen to the business in the event of divorce: Will the non-participating spouse get an ownership interest in the business? Will the business have to be sold?
Have you ever wondered how exactly your spouse is paid, or what his or her sole credit card or bank statements would show if you had the chance to view them? The discovery process in a dissolution proceeding has the ability to bring light to many of these common questions. The discovery process begins shortly after the return date has occurred and generally involves gathering documents and information.
Our office frequently receives inquiries from potential clients who, because of their particular set of circumstances, are uncertain as to whether Connecticut is the appropriate jurisdiction to handle their divorce from a spouse.
WHAT DIVORCE PROCESS IS RIGHT FOR ME? PART IV – ADR
The most popular models of ADR utilized in family law matters for individuals living in Greenwich or Westport are ADR mediation and arbitration.
In our practice at Broder & Orland, LLC, if the parties and counsel cannot reach a settlement, the next step before trial is often to participate in an ADR mediation. ADR mediation is not binding and the mediator does not force a party to sign an agreement. Each party has input into the process and the ability to walk away if he or she is not comfortable.
HOW LIFE INSURANCE IS TREATED IN DIVORCE CASES IN CONNECTICUT
Life insurance coverage is an important topic that must be addressed in the majority of divorce cases in Fairfield County, Connecticut. Experienced divorce practitioners are aware that life insurance coverage can present issues during and after a divorce case and are vigilant about ensuring that their clients are protected with respect to these issues. Many divorce clients in Fairfield County, such as Greenwich or Darien, have life insurance policies, or their spouses do.