Whenever a business owner faces divorce, their business may suffer serious consequences and may even be forced to dissolve completely. While every divorce comes with some high stakes, divorce involving a business owner is considerably more complicated, in most cases. If you own a business and see divorce in your future, you must consider all of your legal options in order to protect your business and avoid other unnecessary losses.
Divorce is a complex road to go down, especially if you have high-value assets that will have to be divided between you and your ex. For instance, some assets will have to go through a valuation process before you know how much they are worth. Moreover, it might make more financial sense to sell some assets and divide the proceeds rather than try to keep them. Your house in Frisco is a prime example of an asset that you may want to sell.