Naperville Divorce Lawyers for Business Partnership Matters

Experienced DuPage County, IL Divorce Attorneys Assisting Clients with Complex Business Interests

For many individuals, owning a business represents a life's worth of hard work and dedication. It is something of which to be proud of and, in many cases, is profitable for everyone involved. Divorce can have a significant impact on your business. The impact can be all the more complex if you are not the sole owner of the company.

When your business interests are at stake, the best thing you can do is to work with a skilled attorney. At Calabrese Associates, P.C., we can help you through the complex divorce process for those involved in business partnerships, whether the partnership is solely between the spouses or includes other partners.

Knowledgeable Attorneys Who Understand Business Law

When you and your spouse own a business together, the decision to divorce is almost guaranteed to affect you both personally and professionally. You will need to make important decisions regarding the future of your company and your partnership. Some couples are able to continue working together professionally, while others recognize that their personal differences make cooperation unworkable. In more contentious divorces, the daily operations of the business could be threatened by the legal proceedings. As such, it is important that you work with an attorney who can advise you of how to a respond to new developments in your divorce.

Whether you decide to dissolve your business partnership and sell the company, or you opt to buy out your spouse's interests, we can help. Our attorneys can work with you in drafting the necessary paperwork, ensuring your rights and interests are fully protected at every stage of the process.

Dividing Partnerships Involving Other Parties

If you or your spouse own part of a company with another business partner (or partners), you need the assistance of an attorney. For example, you will need to determine which portion of the business, if any, is considered to be marital property and therefore subject to equitable division. It may be possible to keep your partnership intact, but doing so may require offsetting the value of your business interests in a creative property settlement. At Calabrese Associates, P.C., we work hard to find responsible, cost-effective solutions that minimize the personal and professional impact of your divorce. We can pursue solutions that do not involve expensive litigation, such as mediation or arbitration, though we can take your case to court if necessary.

Protecting Your Partnership in a Prenuptial or Postnuptial Agreement

The uncertainty of divorce can often be prevented with a comprehensive prenuptial or postnuptial agreement, especially regarding business ownership. If you have started a business with your fiancé, or you are already partners with other associates, our attorneys can assist you with advance planning. Before the marriage begins, a prenuptial agreement allows you to have a better understanding of how your business partnership would be handled in the event of divorce. After marriage, a postnuptial agreement achieves the same goal. Our lawyers can draft and review a marital agreement on your behalf to make sure that your best interests are protected. We can also fight to uphold the validity of an existing agreement in court if necesssary.

Meet With Our Naperville, Illinois Business and Divorce Attorneys

If you have specific questions about how a business partnership should be handled during divorce, contact our office. We offer a 90-minute introductory meeting with one of our experienced attorneys, during which you will have the opportunity to discuss your case at length. Call Calabrese Associates, P.C., today at 630-393-3111 to schedule an appointment. We are proud to serve the family law needs of clients in and around the communities of DuPage County, Kane County, Kendall County, and Will County, Illinois.