Divorces are complicated enough, but business ownership makes them that much more so. If you own a business and are going through a divorce, you need the professional legal counsel of an experienced Austin divorce attorney on your side. At Philley Law, we have experience handling divorces for business owners and protecting their financial and professional futures, so please do not wait to contact our office for more information.
In the State of Texas, the property that you and your spouse acquire throughout the years of your marriage is considered community property, which must be divided in a manner that is considered just and right upon divorce. “Just and right” in this context means to divide property fairly, given the situation at hand. Regardless of whether one or both spouses have ownership in a business, the business interests are very likely to complicate your divorce.
Business ownership can throw many complications into your divorce. Consider all of the following:
Regardless of the circumstances surrounding your legal situation, I am more than willing to help you solve your situation in the least stressful manner possible.
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