Divorce & Family Business
Guiding Business Owners Through the Divorce Process
Did you and your spouse start a business together? Or did you marry someone who already owned a business? Upon divorce, who gets to keep the business and its profits? Whether protecting the family-owned business or seeing that you get a fair share of it, we can help.
Gregory J. Pedrick is an experienced business valuation lawyer in Encino, California. A divorce proceeding may affect a family-owned business regardless of when the business was started. As hard as it was to start the business, dividing it may be even harder. Contact us, and we can answer your family business valuation questions.
Was the Business Started In The Course Of The Marriage?
- In California, absent any prior agreement, the court may sell the business and divide the profits equally. You need to consider whether the business is worth selling.
- Attorney Pedrick has started and operated three successful businesses. He can sit with you to discuss your options.
Did You Marry Someone with An Existing Business?
- In California, the business might not be split upon divorce. The spouse can get a piece of the business based on the length of the marriage.
- We can help you plan for a way to protect the business in the event of a divorce. The sooner you have a plan in place, the better.
Protect Your Business by Calling Us
Protect your business and any interest that you have in it. Contact us by email or phone to arrange an appointment in Encino, Stevenson Ranch or Oxnard. Flexible payment options are available. Call us at 818-528-4936, 661-591-4132 or 805-254-4173.