Business Interests in a Divorce
Divorce is a very personal process, but the implications can affect all
areas of your life. One commonly overlooked aspect of family law is how
your business interests are handled in a divorce. If you own a business,
whether outright or as a partnership, your controlling interest may be
subject to property division.
To protect your business interests, it’s crucial to retain a knowledgeable
Katy divorce lawyer as early in the process as possible. You’ll
find the skillful representation you need at Hunt Law Firm. Our practice
is dedicated to divorce and family law, which helps make our attorneys
qualified to handle even the most complex cases.
Trust our attorneys to guide you through the complex divorce process by
calling (832) 781-0320.
Trust Your Case to Hunt Law Firm
When your rights, property, and business are on the line, you need skilled
legal representation from attorneys who truly care about your best interests.
Our firm is committed to family law, and we regularly attends top trainings
to sharpen our skills.
When you choose Hunt Law Firm, you can expect:
- Personalized, one-on-one attention
- A warm environment in which you can speak openly
- Quick responses from the founding attorney
- Affordable, effective legal solutions
Don’t take chances with your business assets. Call (832) 781-0320
today for a dedicated Katy divorce attorney.
Property Division Challenges for Business Owners
Property division is one of the most important and time-consuming aspects
of a divorce case. Typically, the court will attempt to divide marital
property equitably, rather than equally. When business interests are involved,
however, this becomes more challenging. Since the compensation earned
through your business interests is generally considered marital income,
the valuation of the business may include a wide range of subjective factors,
including the industry, the company’s strategic position in the
industry, and many others.
Similar to a house or a car, business ownership is rarely divided between
the two parties. Instead, one spouse is awarded the business in full,
and the other spouse will be awarded other property which is similarly
valued. Your business isn’t guaranteed to be profitable, however,
so retaining full ownership may not be in your best interests.
Protect Your Business. Call (832) 781-0320 Today.
Our Katy divorce attorneys have an in-depth understanding of the complexities
of the divorce process. When you retain our firm, your case will be handled
directly by one of our skilled attorneys, and your lawyer will be available
via phone, email, and online messenger.
Get a dedicated advocate on your side. Contact Hunt Law Firm today for your initial consultation.