Bethesda Business Owner Divorce Lawyer

When your business partner is the same person you’re divorcing, you have double the problems on your plate. Even if you’re not operating partners, if your spouse has an interest in your business, then your divorce can get more complicated, as Maryland follows an equitable rule for property division (meaning each spouse gets a fair share, not necessarily an equal one). Sorting through intertwined finances, company interests, and long-term professional plans can quickly become complex and emotionally charged. Our Bethesda, MD business owner divorce lawyer is here to guide you through business valuation, asset division, and developing a smart partnership exit strategy. Contact Fait & DiLima, LLP today to schedule a consultation.

Business Owner Divorce Lawyer Bethesda, MD

Starting a business with your spouse can feel like the perfect way to grow your career while building a future together. But when the marriage struggles, the business usually suffers, too.  Or, ongoing business stress or disagreements about the company’s direction can strain the marriage itself. No matter what led to the split, the outcome is often the same: a disputed division of both shared personal marital property and the business assets.

If there’s no prenuptial or postnuptial agreement outlining how business interests should be divided, Maryland law will determine how marital business assets are divided. If you have an operating agreement or partnership contract with your spouse, though, it may make disentangling your business interests easier. Either way, it’s crucial to have our Bethesda business owner divorce lawyer oversee the property division to ensure that both your business and personal interests are protected.

A business started before the marriage may remain separate property unless it was later treated as marital property. However, if your spouse contributed to the company’s growth or operations, they may have a valid claim to a portion of its value. Trust our firm to act in your interests for both the business division and divorce.  We have access to extensive financial resources, including forensic accountants, who complete a thorough and accurate valuation. Whether you want to keep the business or secure your fair share, we focus on achieving an outcome that supports your long-term goals.

Why Our Experience Matters In Business Owner Divorce Cases

Ending a marriage is never easy, but dividing business interests adds another layer of difficulty. Our Bethesda business owner divorce lawyer works to protect your financial position, preserve your role within the company, and provides a clear, workable strategy to achieve your business and personal goals.

• Dorothy R. Fait, founding partner, dedicated five years of service as a commissioner on the Maryland State Ethics Commission
• Firm managing partner Marjorie G. DiLima is admitted to practice before the U.S. District Court (Federal), the Maryland Court of Special Appeals, and the U.S. Tax Court
• Ms. DiLima holds a lifetime membership with the American Inns of Court, an organization committed to advancing professionalism and ethics in the practice of law
• Firm Partner Brian J. Hurst, who holds dual degrees in law and social work, delivers a thoughtful and well-rounded approach to family law matters
• Polish- and Russian-speaking legal support is offered to promote clear communication and meaningful access to representation

As experienced family law attorneys and business lawyers, the legal team at Fait & DiLima, LLP, has the comprehensive experience you need to protect your financial stability and everything you’ve worked so hard to build.