Navigating Family Business Divorces in Kentucky: Key Considerations and Strategies

Understanding Family Business Dynamics Family businesses serve a pivotal role in the economic fabric of Kentucky. Defined as enterprises owned and operated by family members, these businesses vary considerably in size and structure, encompassing small, medium, and large organizations. Small family-owned ventures may include local restaurants or farms, while larger family enterprises could range from … Read more

Navigating Family Businesses During Divorce in Delaware: Understanding Owner Compensation, Goodwill, and Buy-Sell Clauses

Introduction to Family Businesses and Divorce in Delaware Family businesses in Delaware represent a significant aspect of the state’s economy, blending familial relationships with entrepreneurial endeavors. However, when personal relationships deteriorate to the point of divorce, these businesses face a unique set of challenges that can complicate both emotional and financial landscapes. The intersection of … Read more