How Is an LLC Treated in a Divorce?

Divorces can become complicated when business interests like LLCs are involved. Learn how courts determine ownership, valuation, and division.

LLCs can complicate divorce proceedings. Learn how courts determine ownership and divide interests.

How Are LLCs Handled in a Divorce?

An LLC (Limited Liability Company) is a flexible business structure offering liability protection to owners.

Understanding LLCs

Courts classify assets as marital (acquired during the marriage) or separate (owned before marriage).

Marital vs. Separate Property

An LLC created during the marriage or funded with joint resources may be considered marital property.

Is the LLC Marital Property?

Ownership depends on factors like the LLC’s formation date, ownership agreements, and contributions by each spouse.

Who Owns the LLC?

Experts assess the LLC's value by analyzing its assets, liabilities, income, and growth potential.

How Is the LLC Valued?

Prenuptial or postnuptial agreements can protect business interests in case of a divorce.

Safeguarding Your Business

A skilled attorney can guide you through LLC-related complexities during a divorce.

Why Legal Help Matters

Understanding LLCs in divorce ensures better outcomes. Seek professional advice to protect your assets.

Plan Ahead for Peace of Mind