Dividing or selling a business during a divorce is complicated and mistakes can be costly
In this episode, John and Wesley Henderson of HH Law break down what business owners need to know. They explain the challenges of selling a business compared to other assets, options for transferring ownership or selling to a third party, and the risks of misrepresentations, hidden debts, or undervaluation.
Learn why forensic accountants, accurate business valuations, and legal protections are essential and discover strategies to secure payments, protect assets, and avoid costly mistakes.
Whether you are a business owner going through a divorce or just want to understand how business assets are handled in family law, this video offers expert insights from experienced attorneys.
Like, comment, and subscribe for more legal guidance from HH Attorneys at Law.
Wesley Henderson’s YouTube Channel: https://www.youtube.com/@draftedlegal
In this episode:
00:00 Introduction
00:57 Business Selling Options During Divorce
02:32 Selling the Business to a Spouse
03:41 Spousal Takeover with Unequal Understanding
07:26 Structuring Buyouts and Securing Payments
09:37 Selling the Business to a Third Party
#DivorceAndBusiness #DividingAssets #BusinessDivorce #LegalAdvice #SpousalBuyout
📌 About HH Law
Based in Charleston, South Carolina, HH Law is a full-service law firm dedicated to providing expert legal representation. Our experienced attorneys specialize in criminal defense, divorce and family law, and more, helping clients navigate complex legal challenges with confidence.
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👀 Watch on Youtube: https://www.youtube.com/@HHAttorneysAtLaw
🎧 Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/hh-attorneys-at-law-south-carolina/id1791560781
🎧 Listen on Spotify: https://open.spotify.com/show/7aZs3SuYWtrG5xe0jWdK2C?si=15a6dfc3ab714300
