The valuation of a business or professional practice in a divorce in Jefferson County or Louisville is not simply the fair market value of the business, or the price a "willing" seller would pay a "willing" buyer. It is a complex calculation involving several factors including the fixed and real assets of the business, as...
Will I Have to Sell My Business Because of Our Divorce in Jefferson County?
A common concern among business owners is how the business itself will be handled in a divorce. You may wonder "Will I have to sell my business because of our divorce?" Business valuation and the division of the marital property interest in a Louisville area divorce case are very complex legal issues. The business, tax...
Is it Harder for a Business Owner in a Divorce?
Is it harder for a business owner in a divorce in Louisville or Jefferson County? Kentucky business owners may wish to learn more about how their business will be handled in a divorce. Business owners who are facing the end of a marriage may confront challenges which simply aren't relevant to other couples. You've poured...
What Happens to Your Business During a Divorce
What happens to your business during a divorce in Louisville or anywhere in Jefferson County Kentucky? Generally speaking, the spouse who has the ownership interest in the business must buy out the marital property interest of the non-ownership spouse. When both spouses are working together sharing joint interest of the business there are three likely...