Divorces That Involve A Family Business

As you go through the divorce process, you want to keep your focus on what you want your life to be like after the divorce is final. If you own a family business, you need to prepare yourself for the lasting effects of divorce. Is it wise to buy out the other party, or would it be better to establish a shareholder agreement and continue operating the business together? Of course, you may not have been heavily involved with the business and offered your support to the family in other ways.

The truth is, the dynamics of your family-owned business are as varied as your family. At The Law Offices of Eric J. Tatum, LLC, in Buford, our lawyer can help you obtain successful and enduring outcomes when divorce involves a family-owned business. He will talk to you about what is feasible and get you thinking about how and if you truly want to be involved in the business moving forward.

We Call Upon Other Experts To Assist Us With Business Valuation

In Georgia, marital property undergoes equitable distribution. Eric has ample understanding of our state's distribution laws as well as access to the right professionals. Our firm works with business valuators, forensic accountants and other experts to assign an accurate and clear value to the family business. Both you and the other party have had a share in the business, even if you never officially worked for it. Now that the business needs to be divided and included in the property settlement agreement, you need an attorney who can go to bat for you and protect your rights to a fair settlement.

Our Attorney Knows What He's Doing

Eric is more than an attorney — he also majored in economics and business management. He can guide you through all aspects of dividing a family-owned business, and if you choose to, maintaining control of the business.

Contact Eric For Your Free Case Evaluation

We know that this is a difficult time, and we endeavor to provide you with direction and confidence in your future. We offer free case evaluations and answer phone calls 24/7. To arrange your consultation, call Eric locally at 770-648-2789 or toll free at 800-494-1577 or contact us online. Our office hours are Monday through Friday from 9 a.m. to 5 p.m. Weeknight and weekend appointments are available upon request.

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