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Navigating Business Division in a California Divorce: Key Considerations and Processes


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Managing the division of a business during a California divorce introduces significant complexities to property division. An initial step involves identifying when the business began—before or during the marriage.

Decisions must be made regarding whether to sell business assets for equitable distribution or allow one spouse to retain ownership post-divorce. It's also important to consider whether the other spouse holds any financial interest in the business after separation.

Various factors, such as the business's start date, the date of marriage, each spouse's contribution, funding sources, and current value, are weighed by the court to determine if the business is community property or separate property.

For further details, you can explore resources on divorce mediation in Orange County.

For more information you can check divorce mediation Orange County.


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Target State: California
Target City : Irvine
Last Update : Mar 22, 2024 3:33 PM
Number of Views: 9
Item  Owner  : Moshtael Family Law
Contact Email:
Contact Phone: 7149092561

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2024-03-28 (0.582 sec)