Legal Question in Family Law in Florida

our company is incorporated, in a divorce how is the splitting of the company handled? the company is in Florida.


Asked on 8/13/14, 4:17 am

2 Answers from Attorneys

David Slater David P. Slater, Esq.

A value will be placed upon it. The parties can work out a sharing agreement, or the court will make a determination. If you want the business to continue, you either work together or one buy out the other.

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Answered on 8/13/14, 4:36 am
John Smitten Carey and Leisure

The company will have to be made a prty to the case then it will have to be valued by the court and divided according to Fla. Stat 61.075

Use of a lawyer is recommended.

John A. Smitten, Esquire

Carey and Leisure

622 Bypass Drive, Suite 100

Clearwater, FL 33764

Phone: 727-799-3900/Fax: 727-490-4944

[email protected]

www.careyandleisure.com

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Answered on 8/13/14, 10:46 am


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