We are often asked, "If I owned my company before getting married, is it considered separate property in our divorce?" What happens to a business in a Louisville divorce? How is the interest in the company managed during property division if the spouse in question owned it before getting married? How does the division of ownership...
How Will a Louisville Divorce Affect Business Owners
How will a Louisville divorce affect business owners? If you have or your spouse have your own business, own an interest in a company or are part of a professional practice you are probably wondering what will happen to it during the divorce. Will the divorce affect normal business operations? How will the marital property...
What Will Happen to the Family Business in our Louisville Divorce?
We are often asked “what will happen to the family business in our Louisville divorce?” Owning a small business or an interest in the family business will be handled as part of the marital property division process. The valuation and division of the marital property interest in the business is legally and financially quite complex....
How Do You Handle a Family Business During a Divorce
How do you handle a family business during a divorce? Can you keep the business running while ownership and associated property division issues are resolved? Kentucky business owners who get divorced could face crucial issues regarding the viability and division of a family owned company or business. This is why it is so important to...