February 2019 Archives

Business owners can benefit from advanced divorce planning

For business owners in Texas, divorce may be a particularly costly proposition. Beyond the immediate financial effects, entrepreneurs may face specific problems with the division or ongoing viability of their companies after a marital split. Because the repercussions can be severe, many business owners may want to develop a plan to help prevent the most serious consequences from befalling their businesses in the event of divorce. Indeed, many investors or other business partners may insist on divorce planning as part of taking an equity stake.