Will my spouse get half of my business if we divorce in Louisville? If either or both of the former spouses own an interest in a business or professional practice or they share in the ownership of a family business it will be a substantial issue in your divorce. Here in Kentucky, marital property is...
Business Profitability Valuation During a Louisville Divorce
What is the reason for business profitability valuation during a Louisville divorce? How will a valuation work to establish the true value of a business interest or professional practice in a divorce? The primary purpose for business profitability valuation during a Louisville divorce is to establish the genuine amount of money a business interest generates...
Louisville Business Owners Need a Prenuptial Agreement Before Marriage
Do you own your own business or are you in a professional practice? Are you considering marriage? Louisville business owners need a prenuptial agreement before marriage to protect their business interests. You’ve invested a lot of your time, hard work, energy, worry, money and courage to start or acquire a business and build it. Now...
Conducting a Business Valuation in a Louisville Divorce
The process of conducting a business valuation in a Louisville divorce is quite legally and financially complex. There are many different methods to value the marital interest in a small business, corporate entity or professional partnership. The two former spouses have directly competing interests in the outcome of the valuation. Ultimately, the valuation of any...