In most cases, business and divorce do not make good bedfellows. The founder of the business is usually afraid of losing everything he or she has worked so hard to build. By contrast, the other spouse may worry about not getting a fair share of the business profits....
Business Divorce
Could you lose your business in a divorce?
On Behalf of Ordway Law Group, LLC | Apr 26, 2019 | Business Divorce
Business owners who go through a divorce are in a vulnerable position. They may fear being forced to shutter the doors of the businesses they co-own with their spouses during the settlement phase of the process.Suppose that you and your spouse took a big risk and...
Business divorce? Get the right help
On Behalf of Ordway Law Group, LLC | Apr 3, 2019 | Business Divorce
During a divorce that involves a business, it's important that you have the business valued. By obtaining the valuation, you'll know how much the business is worth and how you'd like to negotiate to keep it or to allow your spouse to keep it in full.As business owners...
How can you protect your business when divorcing?
On Behalf of Ordway Law Group, LLC | Mar 29, 2019 | Business Divorce
You owned your business long before you were married, and you want to remain in charge like you've always been. At no time during your marriage did your spouse play a role in your business, so you don't believe they should benefit from it.Some of your business's...
Splitting a business: Keeping your business after divorce
On Behalf of Ordway Law Group, LLC | Mar 18, 2019 | Business Divorce
During your divorce, you may need to divide your business. If you and your spouse are both taking an active role in the business, it might not be as simple as buying one party out, either.For people who are both invested in the business but no longer invested in their...
Is it possible to ‘divorce proof’ a business?
On Behalf of Ordway Law Group, LLC | Mar 6, 2019 | Business Divorce
You own your own business and you've worked hard to build it from the bottom up. The last thing you want is for the end of your marriage to damage or destroy the enterprise you've created. However, is it even possible to stop that from happening? It is -- but only if...
Three ways to protect your business in a Georgia divorce
On Behalf of Ordway Law Group, LLC | Feb 27, 2019 | Business Divorce
One of the most frightening things business owners hear from their spouses is, "I want a divorce." Even business owners who also desire a divorce often avoid such an action because they fear losing the business they worked so hard to build. A business divorce may...
Your business could be at risk during your divorce
On Behalf of Ordway Law Group, LLC | Feb 23, 2019 | Business Divorce
You ran your business alone while you were married, but now that you're going through a divorce, you're worried that your spouse will try to reap the benefits of what you sowed. Of course, in the past, you never believed that your spouse would try to take what you...
Amazon founder in difficult legal situation during divorce
On Behalf of Ordway Law Group, LLC | Feb 5, 2019 | Business Divorce
You may have heard that Amazon's founder and chief executive officer (CEO) is going through a divorce. He's been married to his wife for 25 years, and he's estimated to be worth approximately $139 billion.While any divorce can have assets worth thousands or millions...
Amazon founder’s divorce could cause company shake-up
On Behalf of Ordway Law Group, LLC | Jan 25, 2019 | Business Divorce
The fact that Amazon's founder, Jeff Bezos, was getting divorced after 25 years of marriage may not have been that big of a deal, except for one small detail that the press quickly noted: The couple had no prenuptial agreement.That means there could be a big shake-up...
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