Reorganization of Assets

As difficult as divorce can be, financial issues are relatively straight forward when the parties are employed wage earners. When one – or both – of the parties own and run a small business, divorce is significantly more complex. How do you consider the income producing potential of the business? What about fringe benefits available to the principles?

The livelihood of other employees can depend on the ability of the parties to manage their conflicts. Maximizing the financial return to the parties depends on minimizing disruption to the business. Whether you have a family run business, a closely held corporation, or other form of small business we can work with you, and your business and financial advisors, to explore creative alternatives to help minimize disruption and protect the long-term stability of your venture. Even if there has to be litigation, we can discuss strategies to contain the conflict, and allow your business to function. We have handled reorganization of marital businesses and assets as diverse as antiques and telecommunications.

If you or your spouse own a business, you may contact us by phone or electronically here for assistance in planning and managing the issues that arise.