Business Assets in Divorce
New York Divorce Attorney Managing High-Asset Cases
As a business owner, company head, or corporate executive, you have undoubtedly
placed countless hours and resources into your career, investments, and
organizations. If you are going through a
divorce, you must be aware that your soon-to-be ex-spouse could stand to benefit
significantly from your business assets while you lose them through
property distribution. New York’s equitable distribution rules give you a chance to protect
these high-value assets, but only if you understand the law and the process
Come to Eiges & Orgel, PLLC, where our high-asset divorce lawyers in
New York have
more than 40 years of legal experience focused primarily on complex
family law cases. Throughout these many years, we have been able to successfully resolve
more than 3,000
divorce cases for our clients, giving us insight into the divorce process for business
owners that is truly unrivaled.
Want to know more about Eiges & Orgel, PLLC? Request your
free consultation today.
Business Assets You Should Protect
Equitable property distribution means any property deemed to be marital
– or partially belonging to both you and your spouse – will
be divided fairly,
not evenly. A business owner or company executive who works with our asset
distribution attorneys will gain a full understanding of how your separate
business assets can remain separate, and how marital business assets can
be turned over in your favor.
We start by understanding your business, asking questions like:
- How long have you shared control of your business?
- How is your business structured? Is it a partnership?
- Do profits from the business go into your marital estate?
- Who has contributed more to the business: you or your spouse?
- Does your spouse rely on the business for income?
Our ability to fully analyze your business, its assets, and how it pertains
to your marriage will give you the advantage you need in a contest that
has stakes so high. From beginning to end, you can count on our legal
professionals to see you as the professional that you are, and your business
as the worthwhile investment you have built and deserve to maintain.
Business assets we will want to consider and protect include:
- Real property tied to the business
- Equipment, product, and other physical assets the company uses
- Stocks and shares in the company
- Financial assets – income, profit, tax returns, etc.
Using Business Valuation in Your Divorce
In addition to allowing our legal professionals analyze your business and
how it could be affected by your divorce, you will want to get a professional
appraiser to determine your business’s true value. A full business
valuation will consider all assets, both physical and abstract, such as
your company’s good reputation with consumers or the partnerships
it has established with third-party corporations. All matters that affect
your business ultimately affect its value, even if this is not immediately
interpretable. Only when you have its complete worth valuated can we move
towards finalizing your business asset division, but we can assist you
with this portion of your divorce as well.
Divorce Lawyers for the Working Professional
You have enough to think about when trying to run a business or lead a
corporation. Allow our New York divorce attorneys at Eiges & Orgel,
PLLC act on your behalf during your divorce, controlling all the difficulties
and intricacies related to the average divorce and business asset division.
It is our goal to reach the best conclusion possible for you without you
ever needing to worry about it, keeping your focus on your business and
Call 347.848.1850 or
contact us online to begin your case.