615-896-4154 800-673-1947

Follow these tips to protect your business from a divorce

As a business owner, you put your heart and soul into making sure your company is always running at peak performance. Unfortunately, in the event of a divorce, everything could begin to fall apart around you.

There are tips you can follow to protect your business from a divorce, including the following:

  • Use a prenuptial agreement: If you're concerned about losing your business as a result of divorce, sign a prenuptial agreement before tying the knot. This allows you to outline how your business assets will be treated during the divorce process (if it ever comes to light).
  • Pay yourself a salary: There's nothing wrong with putting money back into your company, but neglecting to pay yourself a salary could backfire on you down the road. You don't want to do anything that jeopardizes your claim of ownership.
  • Don't mix personal and business funds: A common mistake that's easy to make, mixing funds will bring many challenges to your divorce. For example, if you take marital money and use it to purchase business equipment, the other person may be entitled to a portion of the asset.

It's your hope that you never have to go through divorce, all the while attempting to protect your business. However, if you find yourself in this position, don't wait to learn more about your legal rights and the steps you can take to protect one of your most prized assets.

Your business means a lot to you, so it's a must that you always protect it. Even if you don't have your sights set on divorce, it's best to plan for everything.

No Comments

Leave a comment
Comment Information
  • Rated BestLawyers Of America Since 2007
  • Criminal Trial Lawyers Association | CTLA
  • National Association Of Criminal Defense Lawyers | NACDL
  • National Academy Of Family Law attorneys | NAFLA
  • The National Trial Lawyers | Top 100
  • Tennessee Bar Association | TBA
  • Super Lawyers | 2018
Email Us For A Response

How can we help you

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Murfreesboro Office
302 North Spring Street
Murfreesboro, TN 37130

Toll Free: 800-673-1947
Toll Free: 800-673-1947
Phone: 615-896-4154
Fax: 615-896-4152
Murfreesboro Law Office Map

Murfreesboro Office
Mailing Address
PO Box 398
Murfreesboro, TN 37133

Toll Free: 800-673-1947
Map & Directions

Located close to the county courthouse.