Legal Question in Business Law in California

Starting a new business while filing for a divorce.

I am in business for myself as an independent contractor and would like to set myself up as an LLC, however I will be filing for a divorce in the next 30 days. How should I protect my future business? Should I wait until my divorce is final or is there a way where I don't have to put my business on hold without my spouse attaching onto the benefits of 50%?


Asked on 1/29/07, 1:04 pm

1 Answer from Attorneys
Terry A. Nelson Nelson & Lawless

Re: Starting a new business while filing for a divorce.

Make the business decision without regard to the divorce, nothing you do will avoid a property settlement with your spouse. Talk to your divorce attorney about dealing with the business assets and valuation in the divorce, and then to a corporate attorney to put the decisions into effect. Feel free to contact me for help in the corporate formation.

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Answered on 1/29/07, 2:55 pm


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