Business Asset in a Divorce is Losing Money

When a Business Asset in a Divorce is Losing Money

What happens when a business asset in a divorce is losing money?  In a Louisville divorce all assets of the parties must be divided according to Kentucky’s marital property laws.  This includes the ownership interests in a business or professional practice. Normally, the business would undergo an independent “valuation” to establish the value of the marital ownership interest in the …

business or professional practice divided in a Louisville divorce

How is an Interest in a Business or Professional Practice Divided in a Louisville Divorce

How is an interest in a business or professional practice divided in a Louisville divorce?  How do you establish and then ultimately divide the marital interest in a business or professional practice in a Louisville divorce case?  In these cases, a “valuation” of the business or professional practice must be established in Court.  Once the valuation is established, the marital …

High Asset Divorces in Louisville Require Strategic Planning and Tax Expertise

High asset divorces in Louisville require strategic planning and tax expertise to ensure the best possible outcome.  Financially substantive individuals who are considering a divorce in Louisville or Central Kentucky should work with well established, experienced and proven family law attorneys who can provide sound counsel and guidance.  The experienced divorce attorneys at Dodd & Dodd help to protect our client’s …