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...
What Can You Do to Protect Business Interests in a Louisville Divorce?
What steps can you take to protect business interests in a Louisville divorce? Divorce involving substantial assets such as a business or professional practice are much more legally and financially complex. It will take time to work through each step of the process and complete your divorce. Business owners and working professionals often ask our...