There are numerous options available to business owners in a divorce, including:
- Splitting the business in half
- Buying out the other spouse's interest
- Operating the business together
- Liquidating or selling the company
Protecting your property rights in these cases requires not only a strong background in family law, but also experience handling high-asset divorces. At Ross Family Law, we have committed ourselves to protecting our clients' investments, including their businesses. We provide quality legal guidance and representation to business owners in divorce cases, with 10+ years of experience in family law.
Whether you own a family-owned and operated business, a large corporation, or a professional practice, it is important to retain the services of an attorney for categorization of your assets and a business valuation. The Pleasanton divorce lawyers and team at our firm are here to answer any of your questions, address your concerns, and take the time to understand the details of your unique situation.
Commonly Asked Questions
What are my options for handling business ownership during a divorce in Pleasanton?
In Pleasanton, you have several options for managing business ownership during a divorce. These include splitting the business equally, one spouse buying out the other's interest, continuing to operate the business jointly, or deciding to liquidate or sell the company. Each option has its own set of legal and financial implications, and it's crucial to consult with a knowledgeable attorney to understand which choice aligns best with your interests and goals.
Why is it important to have a lawyer for asset categorization and business valuation in a divorce?
During a divorce, accurately categorizing assets and valuing a business is essential to ensure a fair distribution. A lawyer with experience in high-asset divorces can provide the necessary legal guidance to navigate this complex process. They can help in identifying marital versus separate property, valuing the business accurately, and negotiating a settlement that protects your financial interests.
How does Ross Family Law approach high-asset divorce cases for business owners in Pleasanton?
Ross Family Law approaches high-asset divorce cases with over a decade of experience in family law. The firm's approach is to provide personalized legal guidance, address client concerns, and thoroughly understand each unique situation. The goal is to negotiate fairly and strategically, aiming to avoid disputes and streamline the divorce process for business owners in Pleasanton.
What steps should I take to protect my business during a divorce?
To protect your business during a divorce, it's important to take several steps. First, gather all financial documents related to your business. Then, consult with a divorce attorney who has experience with business ownership issues to discuss your options. An attorney can help with asset categorization, business valuation, and developing a strategy to either retain, sell, or divide the business in a way that aligns with your objectives.
Call Us to Schedule Your Initial Consultation
We have the experience you need to handle a high-asset or complex divorce case. Our team can work with you to negotiate fairly and strategically to understand and meet your goals. We aim to avoid disputes and make the process as smooth as possible.
Contact our team at 925-308-9920 for an initial consultation.
