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How Divorce Can Affect Your Business

People who own small businesses and closely held corporations need to understand the impact divorce can have. Even if your spouse does not have their name on the paperwork, they still may be entitled to certain assets in divorce. Take the time today to understand how this division could affect your business.

When thinking about divorce as a business owner, you should consider these factors:

  • Has the length and stability of your marriage helped further your business interests?
  • Did your spouse step away from their career to work for your business or raise children?
  • Did your spouse entertain guests, seek out investors or attend networking events to further your business interests?
  • What are your spouse’s economic prospects after divorce?

Each of these factors can affect your divorce settlement, including spousal support.

Your Business Valuation Matters

At The Law Office of Elizabeth A. Hill, I am committed to representing your business interests in divorce. As an attorney and small business owner myself, I understand the attention to detail required to see the full financial picture of your business. Whether you want to sell your business, buy out your spouse’s stake or seek another arrangement, I will work with you to pursue the best option for your situation.

I understand the impact your financial well-being can have on your children and your future. I am prepared to provide comprehensive and honest advice so you can focus on the day-to-day needs of your business.

Reach Out Today For Guidance

Let me handle the potential conflict and uncertainty divorce can bring. Trusted guidance is available now. Call me directly at my office in Lexington at 859-554-1567 or send an email.