What Business Owners Need To Know About Divorce

Divorce is hard enough when its impact is limited to your personal life. But if you and your spouse share ownership of a small business, it is not always obvious how a divorce will affect the business’s future — not to mention the livelihood of each party after the divorce.

At Hope Family Law P.C., I will help you identify the full range of possible solutions to this complicated situation. I will work with you to ensure that your business needs do not stand in the way of your divorce and that your divorce does not stand in the way of your ability to make a living.

Make A Plan For Your Company’s Future

My firm works with experienced accountants and other professionals to accurately assess your business’s value and each person’s role in the company. Based on your long-term professional goals and those of other stakeholders in the business, I will help you plot a course for your company’s future after your divorce. That could mean one of several options, including:

  • Continuing to run the business with your ex-spouse
  • One spouse buying out the other to run the business independently
  • Selling off the company entirely and dividing the proceeds from the sale

A business, alongside other property, needs to be accurately assessed and evaluated to determine the best course of action for your new chapter in life.

Schedule An Initial Consultation With An Experienced Lawyer

As a family law specialist certified by the Texas Board of Legal Specialization, I proudly offer expert advice in a wide range of family law matters. To learn more about how I can help in your case, schedule an initial consultation in my Dallas office. Call 972-521-1961, or contact me online.