Division Of A Business In Divorce Guiding You Through the Legal Process

Division of a Business in Divorce

Navigating a divorce in Florida is rarely a straightforward matter. For people who own a business, the complexities of divorce amplify.

At Michael E. Golub, P.A., we have extensive experience helping businesses owners throughout central Florida resolve divorce-related issues. Our team takes a thoughtful approach when working with our clients. We focus on finding answers that protect the well-being of your business.

When Are Businesses Marital Property?

There are two types of property in Florida: separate and marital. Separate property includes assets and debts that a spouse acquires outside of the marriage.

Marital property includes assets and liabilities that the couple accumulated during the course of their marriage. Courts divide these assets equitably between both spouses.

It is common for the non-owner spouse to make a claim that the business is marital property. The courts will need to decide whether the business will be included in the divorce. An increase in the business’s value during the marriage could make those interests marital property. If the non-owner spouse contributes financially to the business, that will give the nonowning spouse a strong claim to the business.

What Options Do Business Owners Have?

When a business is included in a divorce, the couple may consider several options during the asset division process. These choices may include:

  • Co-ownership – Both spouses may continue to own and operate the business together
  • Buyout – One spouse may opt to buy the other spouse’s interests in the business
  • Sell the business – The couple can choose to sell the business and divide the proceeds

If disputes arise when determining how to divide a business, our attorney is a skilled family law mediator. He has helped individuals find answers solutions to their conflicts, allowing both parties to move forward in a positive, collaborative atmosphere.

Guiding Florida’s Business Owners Through Divorce

Business owners who are preparing for divorce should contact our lawyer. From our Tavares office, we are prepared to provide trusted advice throughout the divorce process. Email our team or call us at (352) 290-2877 to schedule a free 30-minute meeting.


Former Clients Share Their Stories
  • “Mr. Golub showed great discernment in the situation and knew exactly what he needed to do for the well-being of his client.”

    - Lynda
  • “He was so aggressive and got our story of what had truly happened heard and they were ordered to return him immediately. I was extremely impressed at the way he fought for us.”

    - Former Client
  • “Mr.Golub took what was a seemingly impossible overwhelming situation and pushed the easy button. His prices were more than fair for the amount of headache I didn't have. Thank you Mike Golub.”

    - Carmen S.
  • “Michael and his team did a great job with my bankruptcy! They are very knowledgeable about the process and supported me through out it. He is even well known and respected by the court system.”

    - Jim
  • “We appreciate Mr. Golub so much. He helped us get our child right back when DCF wrongly took him. He went out of his way to meet with the Judge with us on Saturday Morning. We would recommend him to anyone and we greatly appreciate him and his staff.”

    - James

Contact The Law Office of Michael E. Golub, P.A.

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