Divorce For Business Owners

In a divorce where one or both of the spouses owns a business, having a qualified attorney involved from the outset is absolutely essential. The type of business involved, the industry, when the business was established, each party's ownership interest and other factors can all have a direct impact on what portion of the business is considered marital property and how it is divided.

At the Law Offices of James O. Bass, P.C., we have successfully resolved a broad range of complex divorce matters for business owners and their spouses. We handle cases involving business of all sizes and across a variety of industries, including manufacturing and service companies, legal or medical practices, franchise operations and others. Our experience allows us to provide comprehensive solutions that protect our clients' interests throughout the divorce.

What Happens To The Family Business After Divorce?

In addition to such traditional issues as child custody and support, issues surrounding the valuation and division of the business are key to the successful resolution of a divorce proceeding. Particularly when the spouses own a business together, the manner in which the marital portion of the business is divided can be a deciding factor in whether the business continues or must be dissolved. This can be true even in situations where one spouse is the sole proprietor of a business that was established before the marriage began.

No matter which side of the case you are on or what your ownership interest may be, we will do everything in our power to see that you receive the most advantageous settlement available. We work with experts to determine which portion of the business should be included in the marital estate and assign a fair value to it. If you and your spouse own the business together, we will work to obtain a fair division and pursue a workable buyout plan in the event that you wish to continue running the business alone after the divorce.

Contact Our Firm About Your Georgia Business Valuation And Division Needs

To start receiving the quality representation you need regarding divorce issues involving a privately owned business, contact our Woodstock office today. You can reach us locally by calling 770-628-1136, and we always respond promptly to your email inquiries.