LLcs and divorce
My husband and I are business partners ,and we also have some real estate .Our business is an S corporation ,but my husband insist on getting everything under an llc corporation, so far our relationship is fine , but we had divorce attempts in the past , so i would like to know if doing these changes will affect me in the event of a divorce.Thanks!
Answer
Divorce and ownership of assets is extremely complex, and the law is state specific (community property vs. non-community property states and so forth).
You need a local attorney on this one.
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