Category Archives: Business Owners Divorce
Divorce and Business Debt: Who Pays When Florida Entrepreneurs Separate?
When Florida business owners face divorce, the division of marital property can become especially complex. One of the most critical but often overlooked aspects is the treatment of business debt. While couples often focus on splitting business profits and assets, it’s equally important to understand who will be responsible for the business’s liabilities after… Read More »
Protecting Your Professional Practice in Divorce: Strategies for Doctors, Lawyers, and Professionals
Divorce is challenging for anyone, but when professionals such as doctors, lawyers, accountants, or business consultants face divorce, the complexity multiplies significantly. Not only are there emotional and financial challenges, but professional reputation, client confidentiality, and business operations are also at stake. If you’re a professional in Boynton Beach going through a divorce, it’s… Read More »
Hidden Assets and Business Income in Divorce: Red Flags Every Florida Business Owner Should Recognize
When business owners face divorce, financial stakes are particularly high, and the division of marital assets often becomes contentious. Unfortunately, some spouses attempt to conceal assets or income derived from their business, complicating equitable distribution and potentially causing significant financial harm. Recognizing the signs of hidden assets and understanding how forensic accounting plays a… Read More »
Can My Spouse Claim a Share of My Business in a Divorce?
Divorce is often a complex and emotional process, particularly when significant assets such as a business are involved. For business owners, one of the most pressing concerns is whether their spouse can claim a share of the business as part of the divorce settlement. In Florida, equitable distribution laws govern how assets and debts… Read More »