410-394-9126
443-274-1004

Jaime A. Cheret Esq. A part of Law Offices of Ali K., LLC
410-394-9126

Guiding Families Through Legal Matters And Legacy Planning

Divorce Lawyer For Business Owners In Catonsville

It is natural to feel overwhelmed when your hard-earned business is at risk during a legal split. Maryland law follows specific rules for property division that can deeply affect your company’s future and your livelihood.

I am Jaime A. Cheret, Esquire, and I have spent nearly 20 years helping people in Catonsville and Woodlawn navigate these tough times. My goal at Jaime A. Cheret, Esquire, is to protect your well-being by finding peaceful solutions that keep your business running.

Identifying Marital Property And Business Assets In Catonsville

Before you can divide what you own, you must understand what the law considers shared. The following items often fall under scrutiny during a Maryland divorce.

  • Marital property includes most assets earned or bought during the marriage, regardless of whose name is on the title.
  • Business valuation determines the current fair market value of your company to ensure a fair split of its worth.

As your divorce attorney, I use these facts to build a strategy that protects your interests.

How Equitable Distribution Impacts Business Assets In A Divorce

Maryland’s equitable distribution rule states that property should be divided fairly. There are several ways to handle business assets in a divorce, such as:

  • A buyout where one spouse pays the other for their share of the company to keep full control.
  • A sale of the business where the profit is split between both parties according to court orders.

These choices have long-term effects on your taxes and your daily operations. I am an experienced divorce attorney for business owners who can help you weigh these options to find the most peaceful path forward.

Protecting Your Future With Business Valuation

Getting an accurate business valuation is vital for any property division case that involves looking at:

  • Physical assets like equipment, real estate and inventory owned by the company.
  • Intangible assets like “goodwill” or the reputation and client base of the business.

Errors in these numbers can cost you thousands of dollars or the business itself. My role as your divorce lawyer for business owners is to help ensure that every asset is correctly identified and valued.

Contact Me Today To Get A Mindful Divorce Attorney

If you are a local business owner in Catonsville and Woodlawn, you do not have to face these complex choices alone because Jaime A. Cheret, Esquire, is by your side. Dial 410-394-9126 or use my online contact form to let me provide the direct support you need to reach an amicable resolution.