By Lawrence S. Katz | Published January 7, 2023 | Posted in Divorce | Tagged Tags: business divorce, prenuptial agreement | Comments Off on Protecting Your Interest in a Business During Divorce
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Protecting Your Interest in a Business During Divorce
When one or both spouses own all or part of a private business, that ownership stake may be considered a marital asset that is subject to equitable distribution in a divorce. Often, one spouse is a founding owner of a business that may predate the marriage. In some cases, a non-owner spouse contributes capital for Read More
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Dealing With Overseas Assets During a Divorce
Many Americans and dual citizens hold substantial assets in foreign countries for various reasons, including those that were acquired prior to residing in the United States. High-net-worth individuals often keep assets abroad for favorable tax treatment or to protect their wealth, since property held in foreign countries cannot easily be seized by U.S. based creditors Read More
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Unique Challenges of International Divorce
Unwinding a marriage means separating finances and working out parental time-sharing arrangements if children are involved. All of these are difficult enough on their own, but things can really get complicated when the divorce proceedings are international in scope. International divorces are those in which one of the spouses is a citizen of another country, Read More
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Divorcing a Spouse You Suspect is Hiding Assets
Division of assets can be one of the most contentious issues during a divorce. Unless you have a prenuptial agreement, Florida law requires a fair division of marital assets and liabilities. This division becomes problematic, however, when one partner hides assets from the other. Under Florida’s equitable distribution law, each party to a divorce has Read More
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