Photo of Kenneth L. Gibson Jr.
Photo of Kenneth L. Gibson Jr.
Photo of Kenneth L. Gibson Jr.
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Divorce Issues For Business Owners

Divorce for Small-Business Owners

A small business is built on more than a good product. It is built on good service and personal attention. The personal service you give to your customers is the same one-on-one attention that Gibson Law Offices gives to you when you become our client.

If you are divorcing and are a small-business owner, the issue is not only emotional — it is complicated. Our law firm has been helping small-business owners, family-owned businesses and professionals with LLPs or PLLCs find an equitable division of assets with spouses for nearly two decades. Whether you are the spouse of a business owner, or the business owner with a spouse, we can help.

Experience With Complicated Divorce Issues

With more than 18 years of experience, and having know-how, tenacity and compassion, our law firm is well prepared to deal with the complex and unique issues that accompany divorce and business ownership.

There are a number of considerations with which we are very familiar.

  • Valuing business for divorce — The cash value, the value of clientele, property ownership, existing debts, stock options and much more
  • Business partnerships — Doctors, dentists, accountants and attorneys in an LLC or PLLC agreement
  • Origins of the business — How was it acquired? Is some of it pre-marital? Kentucky has clear laws regarding marital/non-marital assets
  • Employees — Is the spouse an employee? How are other employees valued?
  • Future ownership — Is the spouse still a part owner? Is there a buyout? On what terms?

Understanding the Legal Issues — Dominating in the Courtroom

As a business owner with a 20 year marriage, Ken Gibson understands how intertwined a business ownership and marriage can become. As a Louisville lawyer trained in collaborative law, he knows how to negotiate with opposing counsel and with divorcing spouses to reach a solution. Ken has more than 18 years of litigation experience — is capable of working to find an agreeable solution — and skilled at arguing aggressively in court when the situation warrants.

Free Initial Consultation to Move Forward

If you are a business owner or spouse of a business owner who is contemplating a divorce or been served with divorce papers, contact Gibson Law Offices for legal help that can help you move forward. Call our number, 502-403-2798, for a free initial consultation with Ken Gibson, or send us an e-mail.