Your business is important to you. You have put a considerable amount of time, money and effort into starting and growing a valuable asset that means more than a number on a balance sheet. As a business owner facing a divorce, the stress of losing a relationship can be compounded by concerns over losing all or part of your business.

For entrepreneurs, a divorce is a complex matter filled with questions: What will happen to my company? My spouse is my business partner, who gets what now? Is my business considered community property? Having a skilled divorce lawyer to help guide you through the relevant legal issues is crucial. Childs & Childs, A Professional Law Corporation, understands the value of your business, we're a business too. We have helped other business owners in divorces protect their interests and we can help you protect yours.

Contact us today and learn more about how we can help.

Your Divorce and Business

One of the most important concerns business owners face in a divorce involves property division and the valuation of a business as a marital asset. Our skilled Fresno divorce lawyers will assist you in the business valuation process, by matching you with the most qualified and talented forensic accountants in the area who are very experienced in handling divorce for business owners.

Business Debt in a Divorce

You may be wondering what's going to happen with any business debt. If your business is considered marital property, business debt becomes marital debt to be split equitably along with the business as an asset. There are numerous ways to resolve this issue and we can help you address the options available to you.

Protecting Your Goodwill

Once you gather clients that trust and appreciate the services your business provides, this goodwill can suffer during a divorce. We consider this valuable asset and other intangible benefits in protecting your best interests.

Dividing Your Business and Taxes

Another business-related matter to consider in divorce, are the tax consequences when dividing a business. If your business is an asset you will be keeping, you'll be taxed on it and having a plan in place can save you hassles later.

Many business owners have little interest in wasting time on petty divorce litigation. You have assets, equity and a sensibility to get the job done without the need for the back-and-forth drama that can often happen in a traditional divorce process. While we are fully prepared to handle matters for you in court, we also offer a collaborative law approach to divorce where you work together as partners with a vested interest in what is best for each other, the family and your business.

If you have concerns about how a divorce will impact your hard-earned business, it pays to seek legal counsel committed to finding solutions that fit your needs. Contact Childs & Childs now to receive $50 off your consultation with a divorce and businesses attorney.