If you are a business owner going through a divorce, there is much more to consider than the relationship and legal implications. Your business may be directly involved in the divorce, which can have far-reaching implications for the continuity of your business and your financial future. Do you have a business partner? Is it a family business? Then it is even more important to retain an experienced family lawyer who understands the complexities of your business and personal situation.
Together with your financial advisor, we will develop a strategic plan to properly represent your business and assess its value. Have you built up reserves? What do you need to move forward? In many cases, you are married under a prenuptial agreement. We carefully analyze the consequences, advise you and guide you through the entire divorce process.
Other circumstances
A positive cash flow does not automatically mean that there is financial capacity. The current situation of the business always plays a crucial role. Do you need to make short-term investments? Is there a need to build financial buffers for future obligations? Is there a retirement plan?
It is essential that your lawyer or mediator has a complete and up-to-date picture of the company: its financial situation, future plans and business history. What is the value of any investments? Are there any hidden reserves? Together, these elements form the basis for a realistic asset statement and a correct calculation of financial capacity, tailored to the actual situation on the cut-off date.
Do you, as an entrepreneur, need legal advice on divorce?
Our family law attorneys have extensive experience and specialize in guiding business owners through this difficult time. We ensure that both your personal and business interests are protected so that you can continue to focus on your business. Whether the issue is property division, alimony or business continuity, as a business owner going through a divorce, we provide clear legal advice and thoughtful guidance.
