How Do I Protect My Business in a Divorce?
Protecting Your Business During a Divorce. How do I keep my business in a divorce? Protecting a Business During Divorce.
How Do I Protect My Business in a Divorce? Protecting your business in a divorce begins with a pre-marital agreement or post-nuptial agreement making the business one spouse’s separate property. Many business owners have business organization documents prevent owners’ spouses from gaining an ownership interest. Often, this is combined with a buy-sell agreement among ownership. To be enforceable against an owner’s spouse, the spouse may be required to sign the agreement.
Memphis divorce lawyer, Miles Mason, Sr. JD, CPA presents continuing education to the Chattanooga Tax Practitioners. “Thank you for inviting me.” Mason is the author of the best-selling book, The Forensic Accounting Deskbook, published by the ABA Family Law Section. This updated edition of one the ABA’s most popular resources explains the practice of forensic accounting and business valuation and how to apply it in family law cases. It provides a practice-focused introduction to the core financial concepts in divorce, such as asset identification, classification, and valuation, income determination, expenses, and more.
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