Gardner Divorce for Business Owners

If you’re facing a divorce, one of the most difficult components – other than issues related to your children – is the division of your marital property. If you are a business owner, this already complicated task becomes even more treacherous. If you are a business owner who’s going through a divorce, you need the professional legal counsel of an experienced Gardner divorce attorney.

Kansas: An Equitable Distribution State

Kansas is an equitable distribution state, which means that, in a divorce, your marital property will be divided in a way that is deemed equitable. This is not to say that it will be divided equally between the two of you. If you and your divorcing spouse can come to a mutual agreement related to equitably dividing your property, the court will likely accept your terms. If you can’t come to an agreement, however, the court will divide your property for you, and the court’s idea of equitable may be very different from your own.

Complicating Factors

Having a business can complicate the division of your marital property more than owning nearly any other asset for a variety of reasons that can include:

When it comes to divorce and business ownership, it’s imperative to consider your options from every angle before committing to a path forward.

The Value of Your Business

In the end, valuing even a small business can be exceedingly difficult. While coming to a mutual agreement regarding the division or your business is ideal (especially for smaller, less complicated enterprises), that’s not typically how it works. If your situation is more complicated, it’s in your best interest to work closely with a skilled divorce attorney with considerable experience in business law who will help you carefully analyze the worth of your business from every perspective.

If You Are a Business Owner Who Is facing Divorce, You Need the Professional Legal Counsel of an Experienced Gardner Divorce Attorney

Nothing complicates divorce financials like owning a business does, but the experienced divorce attorneys at Stockton & Stern, LLC in Gardner, Kansas, have the skill and commitment to help you. Our dedicated legal team has the knowledge and determination to aggressively advocate for divorce terms that protect your rights and that work for you. For more information, please don’t hesitate to contact us today.