Divorce, Custody, And Family Law Services

Trusted Business Division Guidance From An Experienced Divorce Lawyer

Divorce is a complex process. It can be even more so when a business is involved. The Law Office of Nellie Draus Stallings understands the unique concerns of Louisville-area business owners when it comes to divorce. With over 25 years of experience, attorney Stallings is ready to provide you with personalized attention and comprehensive support through every step of your case. She helps clients throughout Jefferson County navigate complex property division issues. Let her pursue the effective solutions you need.

Protecting Your Business In A Divorce

You may have numerous concerns about what divorce will mean for your Kentucky business. You might worry about how the property division process will affect its future. You may also fear that your spouse could try to deplete business assets during the divorce. It’s crucial to have strong strategies in place to address such concerns. Attorney Stallings is here to help. She will work closely with you to develop a plan for protecting your business.

How Is A Business Divided In A Divorce?

In Kentucky, marital property is to be divided in just proportions in a divorce. In many cases, a business is considered marital property. There are several ways to address a business in the property division:

  • The business could be sold, with the proceeds being fairly split between the spouses
  • Both spouses could retain interests in the company and continue running it together
  • One spouse could keep the business, with the other receiving some type of compensation

Attorney Stallings can guide you through such options, helping you understand which path might be the right one for your situation.

Properly Valuing Your Business

Accurate business valuation can be critical in reaching fair and effective division solutions. This process involves bringing in professionals to appraise the business. Attorney Stallings has strong relationships with experts who can assist with valuation. She is here to help you get the accurate valuation information you need for your case.

Is Business Division A Fast Process?

It can take much longer than you might expect. It also has the potential to get very expensive. Given this, you need a lawyer who knows what it takes to keep your case moving efficiently. Attorney Stallings has the determination, skill and experience to pursue solutions that protect your time and resources.

Take The First Step Toward Effective Solutions

Address the complexities of business division in your divorce with confidence, with a trusted guide at your side. Attorney Stallings is ready to help you protect your goals. Set up a confidential consultation with her today by calling 502-754-0757 or sending her an email.