Many challenges exist when you are trying to get a divorce. In the case of professionals who are self-employed, such as doctors who have their own practice, making a plan to deal with the practice must be made a priority. The last thing that you need is to lose your practice in the property division process.
We understand that you might not be sure about what to do to save your practice. There isn’t any one size fits all solution to this issue, so you need to look at the individual circumstances of the case. For example, the presence of a prenuptial agreement will affect whether you can hang on to the practice. Not having a prenuptial agreement could mean that you have to fight harder to keep what you’ve worked hard to build.
There are many other considerations that come up in these cases. The amount of work and investment that your ex has made into the practice might have an impact. If your ex works at the practice, this might be another factor that the courts will consider.
Many other points also come up in these cases. Some of these will include:
- Who gets the house?
- How will cars be divided?
- What happens to investments?
- How will child custody be handled?
One thing that you can’t do in these cases is try to base your decisions off of what happened in another case. Each high asset divorce has unique circumstances that aren’t usually replicated in others. We can help you to determine what options you have so that you can walk away from the divorce on the best footing possible.