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{"id":7815,"date":"2011-06-27T17:38:51","date_gmt":"2011-06-27T17:38:51","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=7815"},"modified":"2011-06-27T17:38:51","modified_gmt":"2011-06-27T17:38:51","slug":"get-expert-legal-counsel-when-a-divorce-forces-a-business-division","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2011\/06\/get-expert-legal-counsel-when-a-divorce-forces-a-business-division\/","title":{"rendered":"Get Expert Legal Counsel When a Divorce Forces a Business Division"},"content":{"rendered":"

Dividing a business during a divorce can be an extremely difficult and stressful process. Unless there is a prenuptial agreement that clearly divides the ownership interests or the two individuals still want to be business partners, expert legal counsel is needed to keep the business assets safe. Most individuals choose to buy out the portion of the ownership interest from the spouse that does not want to continue the business. It is rare for the two to stay together in business if they cannot keep the marriage intact.<\/p>\n

A good approach is to have a divorce team with your divorce attorney and a financial advisor assessing the best route to get the other spouse out of the business. The buy out strategy can include:
\n\u2022\tUsing a marital asset such as real estate, stocks, retirement funds, or cash
\n\u2022\tA property settlement note that allows for a longer buyout of the amount owed with interest
\n\u2022\tAn (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dividing a business during a divorce can be an extremely difficult and stressful process. Unless there is a prenuptial agreement that clearly divides the ownership interests or the two individuals still want to be business partners, expert legal counsel is…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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