How Are Business Assets Divided In Divorce?
In most cases, divorce is messy. It disrupts lives and can often be overwhelming. Divorce becomes even more complex when you and your spouse own a business together or if only one spouse owns a business.
When a business is part of a divorce, you need an attorney who knows how to properly address issues such as business valuation, tax ramifications, hidden funds and debt allocation.
Our Experience Is An Advantage
You want to be treated fairly in the divorce. This is especially true when your divorce involves a business owned by you and/or your spouse. Even if you will no longer be a part of the business, you do not want to find yourself saddled with debt without receiving any benefit. You want to receive your fair share of the business or ensure that child support is calculated in accordance with the true income earned by the business owner parent.
In addition to our knowledge of business formation and structure, our attorneys work with a team of financial planners and forensic accountants to properly value the business. We know how to provide legal representation that is effective and efficient in the use of our clients’ existing resources.
For Sound Legal Judgment, Contact Us
If you are getting divorced and you and your spouse own a business in Massachusetts or Southern New Hampshire, you need the advice and representation from one of our skilled Amesbury area lawyers. Call us at 978-388-1787, or contact us online to schedule an initial consultation.