Navigating Divorce When You Own A Business
The law office of Peppler Law P.A. is committed to helping individuals understand their rights and protect their future during divorce. Our attorney, Thomas Peppler, has more than 35 years of experience navigating the complex issues involved with business ownership and divorce. We will guide you through your divorce, addressing your concerns along the way so you know what to expect and can effectively prepare for the future.
What Happens To The Business?
In Florida, your business is considered a marital asset that must be divided during divorce negotiations. This often complicates asset and debt division, which is why it is important to work with an experienced divorce lawyer who will diligently review and prepare for negotiation to protect your interests.
What will happen to the business? Do you have to sell? Do you need to continue to work together after the divorce? We will help you answer these questions and provide personal advice based on your specific situation.
Several options may be considered when it comes to dividing a business in divorce, including:
- Buying out your spouse to gain complete ownership of the business
- Giving your spouse more retirement assets or property to compensate for the business
- Selling the business and splitting the profit
A business valuation is necessary before you consider any options involving your business. We work with experienced professionals to make sure all issues are considered and properly documented before moving forward with negotiations.
Protecting Your Financial Goals
You work hard to keep your business running smoothly. Our goal is to help you reach an agreement that will help you achieve your goals now and in the future.
We represent individuals in Oviedo, Winter Park, Orlando and throughout Seminole County. Our decades of experience handling complex divorce issues in Florida helps us find creative solutions to meet your needs.
We are here to help you through this challenging and often emotional process. Let us take the emotions out of this process so you can focus on your future. Call 407-792-6697 or send us an email to arrange a free phone consultation.