Hajek & Beauclaire LLC LLCExperienced Minnesota Law Firm
We Can Help, Call Today
Our Practice Areas

2 things to consider about divorce and your company

When it comes to divorces that involve businesses in the Minnetonka area, one can never be too thorough. You do not need to stay with your spouse in order to be able to protect your business from the fallout of divorce, even if she is a partner.

Now, there are many different worries a business owner may have during a divorce. Divorce can cause complications that could have the potential to interfere with the way you manage your company. Here are some things to consider about divorce and business.

You need to know the complete picture

Regardless of the role you have played in the company during your marriage, you need to know the facts. Gather all financial documents and business contracts. Do not forget to make copies of the company's bank financial records. You should not procrastinate on getting this information. The longer it takes for you to get the documentation you need concerning your company, higher the likelihood that opportunities could be created for your spouse to hide assets or make financial decisions that could interfere with what you should receive in the settlement.

Do not assume there needs to be a battle

Divorces between business partners and high-value individuals do not necessarily have to be full of drama and conflict. It may be possible for you and your spouse to find common ground to make the process easier and less challenging for everyone. You may want to consider working with a professional so you can resolve any business issues that are causing you and your spouse to argue.

You may think that by asking for everything you want in a divorce, you will receive it. Even if you have the upper hand, some assets that appear to have a positive effect on your post-divorce situation may have the opposite effect. This underscores the importance of considering the bigger picture. Many individuals who have businesses and end up in divorce find it beneficial to work with an attorney to avoid making critical mistakes that could hurt their companies.

No Comments

Leave a comment
Comment Information

For effective representation on a wide range of legal issues, turn to Hajek & Beauclaire LLC, for representation that always puts your interests first.

To schedule a consultation, please complete the form or call 952-373-0121

Contact us To Get Started

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Email Us Today
Hajek & Beauclaire LLC LLCExperienced Minnesota Law Firm

601 Carlson Parkway
Suite 1050
Minnetonka, MN 55305

Phone: 952-373-0121
Fax: 800-405-4530
Map & Directions

Hajek & Beauclaire LLC