Legal Question in Business Law in Florida
What is the best business structure to protect future business income of a joint business owner from an ex spouse who recieves support? The business owners are married to each other and trying to keep frivolous support increases at bay while trying to build their business. We are NOT trying to avoid payments as we hope to generate sufficient income to get custody.
Asked on 9/09/09, 5:03 pm
1 Answer from Attorneys
Sarah Grosse
Sarah Grosse, Esquire
The issue is more one of family law than business law. You can separate your personal assets from business assets by establishing either an LLC or a Corporation. However, how this may affect your child support obligations is a family law issue.
Answered on 9/10/09, 5:56 pm
Related Questions & Answers
-
I'm trying to open a call center that refers clients to schools in order to get... Asked 9/09/09, 2:01 pm in United States Florida Business Law
-
My wife is considering starting a small business. This business will be in the... Asked 9/09/09, 1:14 pm in United States Florida Business Law
-
I am subleassing a space from a business office location. As agreed I have an... Asked 9/09/09, 11:39 am in United States Florida Business Law
-
My company an S-Corp had a suit filed against it as we own a small haircutting... Asked 9/06/09, 6:45 pm in United States Florida Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
