Divorce And Your Business: Protecting Your Livelihood

Divorce is a complex process, but the stakes can be even higher for business owners. Beyond emotional challenges, there’s the added stress of protecting your business, a source of income and potentially your life’s work. Our business owner divorce attorneys at Kell and Quilty, PLLC, understand these unique challenges. With over 35 years of experience, we’ll guide you through the legal aspects of divorce while safeguarding your financial future.

Why Is Divorce Complicated For Business Owners?

Texas law divides property into separate and community property. Community property is generally anything acquired during the marriage. Separate property is what you inherited or owned before marriage. Distinguishing between the two, especially regarding a business, can be tricky.

These are some of the legal implications of divorce for business owners:

  • Division of business assets: Depending on when you started the business and how it was funded, the business itself, or a portion of it, may be considered community property subject to division.
  • Business valuation: Accurately valuing a business is crucial for a fair property division. We’ll work with qualified professionals to determine the business’s fair market value.
  • Impact on spousal support: A successful business can impact spousal support calculations. We’ll ensure your financial obligations are fair and reflect the business’s current health.

At Kell and Quilty, PLLC, our business owner divorce attorneys can:

  • Analyze your situation: We’ll carefully examine your business ownership structure, finances and prenuptial agreements (if applicable).
  • Protect your business interests: We’ll work tirelessly to ensure your business is valued accurately and protected throughout the divorce process.
  • Negotiate a fair settlement: Our skilled negotiators will fight for a settlement that safeguards your financial security and the future of your business.
  • Represent you in court: We’ll provide strong legal representation if a fair agreement cannot be reached.

Divorce is a difficult journey, but it shouldn’t come at the expense of your livelihood. Our experienced divorce lawyers at Kell and Quilty, PLLC, are here to help you navigate the legal complexities and protect your business.

Don’t Let Divorce Threaten Your Business

If you’re a business owner facing divorce in San Antonio or Bexar County, contact our team today. Schedule a consultation to discuss your unique situation and learn how we can help you achieve a favorable outcome. Call us at 210-904-0282 or contact us online to get started. Together, we can secure your future.