Business during divorce

What happens to my business during a divorce?

What happens to my business during a divorce? Any business started during a marriage will be regarded as community property. This implies that the other spouse has a legal right to receive half of the business’s worth when assets are
company liability

How do I limit my company’s liability if we are sued?

How do I limit my company’s liability if we are sued? As a business owner, the possibility of being sued is a reality that you must prepare for. While it is impossible to completely eliminate the risk of being sued,
profitable website

How would a profitable website be valued in court?

How would a profitable website be valued in court? The value of a website is determined by a few different factors. A website that receives no visitors or generates no revenue is most likely worthless. If you have a high-value
Dividing money earned from business

How do courts decide when dividing money earned from business in a divorce?

How do courts decide when dividing money earned from business in a divorce? The value of your business will be determined by the court during a divorce, typically with the assistance of forensic accounting professionals retained by one or both
legal and equitable estates

What are legal and equitable estates?

What are legal and equitable estates? Legal Title A legal title describes the obligations and duties an owner has to uphold, utilize, and manage a property. The ownership of the property is determined by its legal title. The individual with
property and civil cases

Is Conversion Law only applicable in property and civil cases?

Is Conversion Law only applicable in property and civil cases? When someone “converts” an asset, they restrict access to and management of the asset for the legitimate owner. When money or assets are transferred, the theft of conversion can happen.
law and agreement

What is the difference between a law and an agreement?

What is the difference between a law and an agreement? An agreement often involves two or more private individuals or organizations. Whereas a law is a decree made by the government that is binding on all people included in its
Conversion Civil Law

An overview on Conversion Civil Law

An overview on Conversion Civil Law Conversion in Civil Law: An Overview Conversion is a term that is used in civil law to describe the unauthorized use or disposal of another person’s property. This can occur when someone takes possession
Causes, Effects, and Solutions

Business Disputes: Causes, Effects, Solutions

Business Disputes: Causes, Effects, Solutions Business disputes are a common occurrence in the business world. They arise from differences in opinion, misunderstandings, and conflicts of interest. These disputes can range from minor disagreements between employees to major legal battles between
partners in business

How are disputes settled between partners in business?

How are disputes settled between partners in business? Disputes between business partners can be a significant challenge and can cause significant damage to the business. Such disputes can arise from simple disagreements over strategy, finances or even personal issues. Here
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