Navigating Through Divorce As A Business Owner
Getting divorced may be one of the hardest things a person has to go through. Getting through matters like child support and alimony, property division, and custody is enough of a challenge to get through. When one or both spouses are business owners, things can become even more complicated.
Here at Law Office of James T. Keenan, we have helped the Jacksonville community with their divorce needs for more than 25 years. We know what it takes to get through a divorce swiftly, efficiently and without sacrificing our clients’ best interests.
What To Expect For Your Business In A Divorce
There are three primary outcomes that a business can experience in a divorce. A business can end in:
- Buyout: when one spouse buys the other spouse’s portion of the business
- Co-ownership: both spouses continue owning their share of the business
- Sellout: both spouses agree to sell their portion of the business
We take the time to work with you and identify your goals in your divorce so we can craft a custom-built strategy to best achieve your goals.
We can also help identify the value of a spouse’s ownership in their business for the sake of property division. When this value is inaccurate, it can result in an unfair property division that leaves one or both spouses with a lifetime of regret.
Start Preparing Today
Whether you are in the middle of your divorce or expect to start one soon, now is the best time to contact a Florida divorce attorney.