How is a business handled in a Louisville divorce? One of the first questions is when was the business interest acquired? If the business was acquired or started during the course of the marriage it will be considered as a marital asset which is to be divided equally between the parties. If the business was...
Will My Spouse Get Half of My Business if We Divorce in Louisville?
Will my spouse get half of my business if we divorce in Louisville? If either or both of the former spouses own an interest in a business or professional practice or they share in the ownership of a family business it will be a substantial issue in your divorce. Here in Kentucky, marital property is...
Business Profitability Valuation During a Louisville Divorce
What is the reason for business profitability valuation during a Louisville divorce? How will a valuation work to establish the true value of a business interest or professional practice in a divorce? The primary purpose for business profitability valuation during a Louisville divorce is to establish the genuine amount of money a business interest generates...
Louisville Business Owners Need a Prenuptial Agreement Before Marriage
Do you own your own business or are you in a professional practice? Are you considering marriage? Louisville business owners need a prenuptial agreement before marriage to protect their business interests. You’ve invested a lot of your time, hard work, energy, worry, money and courage to start or acquire a business and build it. Now...