What are the best strategies to protect and keep your business in a Louisville divorce case? Those with successful business interests or a professional practice often ask our experienced divorce and family law attorneys how to preserve that interest through a divorce. While there are several strategies to consider, there is also a word of...
Louisville Divorce Involving a CEO or Executive
A Louisville divorce involving a CEO or executive or the owner of a business or professional practice is quite more legally and financially complex than many other divorces. There are many challenging issues in most divorce cases ranging from child custody and parenting time to questions of support and how to divide the equity in...
If You Own a Business You Should Prepare for a Valuation During a Louisville Divorce
If you own a business you should prepare for a valuation during a Louisville divorce. The process of establishing the value of the marital interest in any business or professional practice is known as “valuation.” Each party has competing interests in the process of valuation. A business owner who wants retain their company wants the...
How is a Business Interest Divided in a Louisville Divorce?
How is a business interest divided in a Louisville divorce? The first question is simply "Is the business interest or any portion of it marital property?" Is the business shared by both spouses, or is it owned by one of the parties? What contributions have been made to the business by each spouse? How much...