If you are considering a divorce or have already started proceedings, it is important to anticipate challenges. For many separating couples, the provision of care for children is a top priority. Assets are also a primary consideration. Navigating the legal challenges of any aspect of your divorce can become complicated. To protect your interests, securing the services of an experienced Roswell, GA lawyer is recommended.
A divorce can involve complex negotiations. You may not agree with your ex spouse on many issues. As a legal proceeding, it is often up to the courts to intervene. You can also seek mediation to settle any disputes outside of court.
Business Valuation
Whether your business is well established or just getting off the ground, it is likely to play a role in divorce negotiations. A valuation of your business can become necessary in relation to assets or a potential sale.
Depending on your circumstances, you may feel inclined to either undervalue or overvalue your business. However, from a legal perspective, business valuation is seldom that simple. There are several factors to consider including asset valuation, earning potential, and comparisons with similar businesses that have recently sold.
Grandparents’ Rights
Grandparents’ rights are complex and not as established as those of parents. Although you are not guaranteed to receive favorable treatment by the courts, your potential role in the lives of children is considered. As such, grandparents should seek legal advice if a divorce is likely to result in the loss of visitation and other rights.
There are also legal mechanisms that can result in grandparents seeking and winning custody of children. This area of law is complex and determined on a case-by-case basis. If you are concerned about the welfare of your grandchildren, reach out to Rowsey & Stelter, Attorneys at Law.
Inheritance in Divorce
Two terms that you will encounter in relation to inheritance in divorce are separate property and marital property. The former refers to property exclusively owned by one spouse. The latter is jointly owned and subject to division.
The lines between the two can become murky in some circumstances. For instance, if both spouses are bequest an inheritance, that asset or property is subject to division. The same may apply to part or all of an inheritance that is gifted from one spouse to the other.
If you are unsure whether these issues apply to you, call Rowsey & Stelter, Attorneys at Law for a consultation in Roswell today.
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