Family Business Attorneys in Laguna Hills, CA
Got legal concerns about your family business? Our experienced Laguna Hills family law attorney can evaluate your situation and help you reach a fair resolution.
Whenever a family law issue occurs in your life, it can be extremely frightening and upsetting. It can also affect a family business that you have started. We will represent you throughout the legal proceedings for your family law case. Whether you’re going through a divorce, annulment, or legal separation, Trevino Law will represent you. Our family business attorneys in Laguna Hills, CA will be with you through the entire process . . . all the way to resolution.
Estate Planning & Division of Family Business
Whether you’re planning how you want to divide your family business for your estate plan, or dealing with the division of marital property in a divorce proceeding, finding a fair way to divide a family business is no easy feat. There are a lot of factors to consider to divide a business fairly, and a fair division of the family business doesn’t always mean an equal division.
What is the best way to divide a family business?
Our experienced family business attorneys and estate planning lawyers in Laguna Hills, CA can help assess the value of your family business and determine the best way to distribute business ownership shares. Here are a few things to consider when figuring out a fair division of your family business:
- How should the family business shares be divided among those involved in the business and those who are not?
- Are there other assets of equal value that those who aren’t involved in the family business can receive instead of receiving ownership?
- Will those involved in the family business receive their inheritance?
- Will those working in the business receive their business ownership right away or only upon your death?
Trevino Law can help you protect what matters most. If you’re dealing with the division of a family business in California, our experienced estate planning and family law attorney in Laguna Hills, CA can help! Call us today at 949-894-4191 or fill out the contact form to schedule a consultation with us.
Protecting Your Family Business in a Divorce
With over 80% of businesses in the US being family businesses, it’s important to understand how you can protect your family business interests during a divorce or marriage dissolution. It can be difficult to arrive at a fair resolution on your own when it comes to the division of marital assets, especially when a family business is involved.
If you’re going through a divorce and need legal help in protecting your family business, our skilled Laguna Hills divorce attorney can help!
How are businesses divided during divorce?
As part of the divorce process, marital assets and liabilities will be divided equitably between the parties. Since any assets and property purchased during the marriage is considered community property, these will be subject to division.
Call Our California Family Law Attorneys Today!
Our experienced Laguna Hills family law attorney can assess your family business to determine whether your family business is subject to marital property division. We will help you take legal measures to protect your family business against sabotage and ensure that you get your rightful share of the business.