How will a divorce affect a Louisville family business? Are you and your spouse considering the end of your marriage? Do you own a business together? Do both parties work for the business? What if the company is owned by the family of one of the spouses? Is the family business, in whole or in...
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...