MORRISTOWN MORRIS COUNTY DIVORCE BUSINESS VALUATION ATTORNEY

The parties acquired various liquor stores during the New Jersey marriage. Although the New Jersey divorce judge erred by denying a credit for store inventories, the following rulings are affirmed : (1) valuation of the ex-husband's interest in the Hackensack store, (2) distribution to the ex-husband of half of the proceeds from sale of the Randolph store without imposing income tax liability on him, (3) distribution of the sale proceeds on property the ex-husband purchased during the marriage, (4) the finding that the ex-wife violated litigant's rights, and (5) the awards to the ex-husband of attorney's fees and a credit for the equitable distribution of the Hackensack store. Maybaum v. Maybaum, New Jersey App. Div., July 2, 2007