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Navigating Business Division in a California Divorce


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Handling the division of business assets during a California divorce adds complexity to property allocation. A crucial initial step involves determining if one party initiated the business before the marriage or if it was established during the marital union.

Key considerations revolve around deciding whether to liquidate business assets for distribution or if one party will retain ownership or control post-divorce. Equally significant is evaluating if the other party will maintain any financial interests in the business after the divorce.

The court evaluates various factors to determine if the business is treated as community property or separate property. These factors include the business's start date, the marriage date, each spouse's contribution to the business, the sources of business capital, and the business's valuation at the time of divorce.

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 7:29 AM
Number of Views: 12
Item  Owner  : Moshtael Family Law
Contact Email:
Contact Phone: 7149092561

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2024-03-28 (0.587 sec)