Is Your Business Protected During Your Divorce?
If you are a business owner going through divorce, you undoubtedly want to ensure that the divorce doesn’t hurt your business. Preserving your company’s integrity could be critical for your future financial stability and long-term business and retirement goals. At Johnson & Cohen, LLP, we help business owners, shareholders and investors navigate divorce proceedings while protecting business interests.
Our divorce attorneys provide comprehensive representation and creative strategies in matters of marital property division. We have the experience and resources to obtain a business valuation and establish the provenance of any separate property that may be exempt from division between the spouses. To schedule a consultation with an experienced property division lawyer, call 877-807-1472 or contact us by email. With offices in White Plains and Pearl River, we represent clients throughout southern New York.
Core Questions To Consider When Negotiating
Context and detailed considerations may well alter your approach to business maintenance and property division. When you consult with us, we will attempt to find ideal solutions by answering the following questions:
- Is your business marital property, or is any of the value considered separate property? The answer may depend on how the business is structured and whether the business existed prior to the marriage. Whether the non-titled spouse contributed to the business directly or indirectly will also be a factor to consider.
- Are there legal protections for your business? Some professional practices, like those owned by doctors and lawyers, may be specially considered during divorce proceedings. If you own a business, perhaps involving intellectual property, it is crucial that you work with a divorce attorney with experience in these matters.
- Are you actively involved in your business? In some instances, such as when your children take over a business or you or your spouse are not involved in day-to-day management, you may be able to negotiate a buy-out agreement. If you are nearing retirement, a well-managed sale of your business may resolve your issues entirely.
Reaching a fair and equitable divorce settlement may be the only way to truly protect your financial interests now and in the future. To start protecting your rights and interests, contact us today.
Outstanding Service | Discreet Representation | Proven Results
We have decades of experience in all aspects of divorce and family law, and we can help you pursue a favorable outcome in your case. To arrange a consultation with an experienced divorce lawyer, please call 877-807-1472 or complete our contact form. We represent clients throughout New York City, Westchester, Rockland, Orange and Putnam Counties.