A divorce is usually the most consequential “business transaction” an individual may encounter. Getting expert guidance from a divorce attorney is essential, because as they say, “you don’t know what you don’t know”.
The courts recognize that it is not desirable to disrupt a party's ability to conduct its business. Therefore, measures are taken to help a business go about its daily operations.
If you are a business owner who is going through divorce, you should contact an attorney who can help you protect your business at each step of the way.
In Florida, assets are divided to represent a 50/50 split of similar net worth. Therefore, if one party gets more assets than the other, that party may need to make a cash payment to equalize the distributions.