When your marriage ends in a divorce, a lot of assets are at stake. This includes your personal business assets. If you own a business, you have to take into consideration what will happen to your business and its assets. Forbes points out that fair distribution is...
If assets of your Florida divorce include a business, expect a formal valuation during the proceedings. The perception is that if a family-owned business is part of the settlement decision, the process gets very expensive, and it drags on too long. Although t his can...
During a divorce, the court will divide your home, your bank accounts and the other valuable possessions you have acquired during your marriage in a way that it views as “equitable.” If your marital possessions include valuable artwork, receiving your fair share could...
It is indisputable that divorce is costly in terms of time and emotional labor. However, many people focus on the aftermath of divorce when they think about the monetary costs. That is, many people are very concerned about how much alimony they may have to pay (or...
There are many concerning aspects to think about if you are going through a divorce. However, one of the more overlooked areas of concern is the overall cost of the process. Particularly if you are going through a high asset divorce, it is possible for the process to...
If you are getting a divorce in Florida and you own a business, then you should take a close look at how the court will categorize that business. During the separation of property phase of the proceedings, the court can take anything it deems as marital property and...
If you and your spouse own a Florida business together, you both likely have major concerns about the “disposal” of that business during your impending divorce. Florida law requires you to divide all your marital assets and debts fairly and equitably between you when...
If you and your spouse own a Florida business, it will undoubtedly become a major factor should the two of you ever decide to divorce. Florida is an equitable distribution state, meaning that you must divide all your marital assets and debts fairly and equitably. When...
While no one enters into a marriage thinking about divorce, it is a very real possibility for many couples. For business owners, divorce is an especially serious topic, since they could stand to lose a great portion of their business and related assets during the...
While valuing a business, physical assets such as real estate, equipment, and vehicles are generally the first to come to mind. But Florida business owners preparing for a divorce should know that valuing a business will also include determining the value of assets...
