Divorce For Business Owners In Lake County
In Florida, marital property is subject to equitable distribution, which means a fair division between spouses, but not necessarily a 50-50 split. Divorces involving businesses can be very complicated. Understanding the true income of you and your spouse, and the proper value of your business, is the key to ensuring a fair distribution of marital assets.
At Cauthen, Oldham & Associates, P.A., we have more than 40 years of experience helping individuals in central Florida through all aspects of divorce and other family law matters. We represent both business owners and individuals seeking divorce from their business-owner spouses.
Our firm provides compassionate yet strong representation through each step of the divorce process. Our goal is to protect your privacy, your financial security and your dignity, while helping you find the right path to move forward.
Using Experts To Ensure Accurate Business Valuation
Equitable distribution applies only to marital property, so the first step is to determine whether the business at issue is marital property under Florida law. If you or your spouse owned the business prior to your marriage, it may not be considered marital property. If the value of the business has increased during the marriage, however, then some of that value may be considered marital property that is subject to equitable distribution. Our principal lawyer, David E. Cauthen, has extensive experience with these matters, and we can help you understand the law and your rights.
When appropriate and financially wise, we utilize business valuation specialists, tax experts and forensic accountants to track down hidden assets, determine the proper value of the business and work to see that you receive an equitable share.
Contact A Tavares Business Valuation Attorney
For trustworthy representation in a divorce involving a business, call Cauthen, Oldham & Associates, P.A., at 352-508-4175 or toll free at 888-801-1678 to schedule a consultation. We look forward to speaking with you.
Interested parties may also contact us online to learn more about divorce for business owners in Lake County and throughout central Florida.