Divison of Business Assets In Divorce
Complex Business Property Valuation and Division
How do the Courts Define, Categorize, and Divide Business Interests?
ATTENTION: BUSINESS OWNERS AND PARTNERS
Operating and growing your business is a demanding task which poses new and ongoing challenges. Now, you must consider the Divorce which requires the separation, division, and disbursement of assets and liabilities. Your plans for retirement are now subject to substantial alterations.
How do the Courts establish Marital Assets and Non-Marital Assets?
When is a Business a Marital Asset Subject to Division?
The distribution of a business interest is a very fact intensive area of the law requiring extensive records, details, dates, and other information. We will discuss with you and provide insight regarding the issues raised in the following sample questions and how they may apply to your business interests.
Treece & Treece will educate and advise you regarding the division, allocation, and protection of the business interests pertaining to your divorce. This is an area of divorce that should be carefully managed prior to, during, and after the divorce process to mitigate damages and avoid crisis management.
Frequently Asked Questions Regarding the Division of Business:
Please carefully review the following questions prior to our first consult to help you define the issues relating to your specific family matter.
- How do the Courts define, categorize, and divide our business interests?
- How do the Courts consider both marital and non-marital business interests?
- How do the Courts define and evaluate family-owned corporations, where the spouse is involved or not involved in the business?
- How do we define, evaluate, and protect a closely held corporation and its stock?
- How do we present argument to pierce or defend the various pre-marital business trust where comingling has occurred?
If you are seeking an informed analysis of your family situation, advice regarding your legal rights, and guidance resolving these issues, please contact Treece & Treece at (904) 737-1771 or email us at email@example.com to schedule a consultation.
We serve clients in Jacksonville, Duval County, Jacksonville Beach, Atlantic Beach, Neptune Beach, Ponte Vedra Beach, St. Augustine, St. John’s County, Fernandina, Yulee, Amelia Island, Nassau County; MacClenny, Glen St. Mary, Sanderson, Taylor, Baker County, Green Cove Springs, Kingsley Lake, Clay County, Starke, and Bradford County.