How a Divorce May Affect Your Business? Strategies for Protection!
When going through a divorce, if you own a business, you might feel like you're steering through a storm. Florida's laws add some interesting twists and turns to the process. So, how exactly does a divorce affect your business in the Sunshine State? Read below to know! It's Complicated: Understanding Florida's Equitable Distribution Law First things first, Florida operates under what's called an "equitable distribution" law when it comes to divorce as per the Florida Statutes Section 61.075. This doesn't mean everything is split 50/50. Instead, the court aims to divide assets (and liabilities) fairly and equitably. Now, where does your business...
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