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The Impact of Divorce on Business

  • Broadcast in Business
Donna Lynn Price

Donna Lynn Price

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There are three main components that impact business during the process of divorce. The emotional impact can distract a business owner to the detriment of his or her business. There are significant legal issues regarding the impact of equal distribution because a business owned by one or both of the spouses is considered an asset during equal distribution. And finally, there are significant financial issues that can impact the running of a business, such as full disclosure of the finances and operations of a business, when one business partner is going through divorce.

Tanya Helfand, a resident of Livingston, New Jersey, is Principal at Helfand & Associates, a New Jersey based law firm specializing in matrimonial law and bankruptcy. Ms. Helfand’s firm currently employs the services of three attorneys and two paralegals. She is also of counsel at the New York firm of Borstein & Sheinbaum in New York City, NY.

Tanya Helfand is a Certified Matrimonial Attorney for the State of New Jersey.  She is on the Superior Court’s Early Settlement Panel in Essex and Morris Counties and list of financial mediators.  Approximately 75% of the practice is family law. 

Ms. Helfand has an extensive track record as a highly effective litigator, working with complex financial settlement issues, custody, and domestic violence. In this capacity, Ms. Helfand protects the emotional aspects of her clients without deviating from excellent legal support. She consistently approaches her cases with a frugal position, always trying to ensure that her clients are minimizing the expense of the process. She is a seasoned litigator and qualified mediator and collaborative lawyer pursuant to the Rules.  She has an impressive track record, succeeding effectively and gaining respect from her professional colleagues.

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