Are you concerned about taking care of a business in a Louisville divorce? If your divorce involves the ownership of a small family business, an LLC, professional practice or an interest in corporate ownership the process of valuation and property division in your case will be much more legally and financially complex. Business owners understand...
Keep a Business During a Louisville Divorce
What are some specific strategies if you wish to keep a business during a Louisville divorce? How is a business asset usually managed during the property division portion of a divorce? Those who have started or purchased a business know how much hard work, time and money go into creating, developing and maintaining a successful...
How do You Manage the Marital Interest in a Business During a Louisville Divorce?
How do you manage the marital interest in a business during a Louisville divorce? What are the options available to the owner of the business and/or their spouse? The first step is to establish the value of the marital interest in the business before the Court. The process, known as “valuation,” usually involves certified appraisal...
What are the Risks a Business Owner May Face in a Louisville Divorce?
What are the risks a business owner may face in a Louisville divorce? What does the owner of a family-owned business, small business, corporate shareholder or licensed professional face during a divorce in Louisville? The central questions associated with the ownership of a business or professional practice in a Kentucky divorce are the nature of...