Family Law for Business Owners

Business Owners should be especially careful in family disputes: along with issues quite common in family law, such as the splitting of household, (child) support or care settlement, the splitting of property becomes especially important within the gain settlement issue: in this regard even the spouse’s enterprise can be a subject to evaluate.

In case of non-conclusion of a marriage contract or a divorce agreement, as well as lack of due diligence in their preparation claims of divorcing, the fact that the gain settlement equals to one half of the total value of two property balance sheets, can lead to the marriage partners´ high expectations. At a pinch it can lead to the company’s insolvency.

For these reasons entrepreneurs should be especially careful while drafting contracts: it is possible to avoid risks in advance by means of a marriage contract certified by a notary and drafted by a skilled family law attorney. Otherwise, a divorce settlement can sometimes help to prevent the worst.

In addition, in the case of divorce, entrepreneurs have to deal with complicated tax and corporate law issues. That is why it is reasonable for a business owner, whether he is married or planning a marriage or a divorce, to consult a skilled attorney, having enough competence and experience in the area of family, corporate and tax law.Furthermore, business owners have to fight with the complex tax and corporate law issues in divorce cases. Accordingly, for an entrepreneur who is married, going to get married or divorced, it is recommended to take the advice of an attorney, who has the knowledge and experience, both in family law, as well as in corporate and tax law .

Business owners should also take extra care for inheritance matters: a negligence regarding the company’s transition in case of death can lead to serious consequences. In this case it is also important to consider the tax aspects and to ask for professional advice in case of doubt. The attorneys of GPR Rainer LLP will be happy to provide legal assistance in the field of inheritance law.

Make an appointment at one of our locations in Cologne, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich or Stuttgart! For International inquiries, please contact us at our offices in London or Singapore!
Locations
GRP Rainer Rechtsanwälte Steuerberater Köln
Gürzenich-Quartier
Augustinerstraße 10
50667 Köln
+49 221 2722750
+49 221 27227524
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GRP Rainer Rechtsanwälte Steuerberater Berlin
Kurfürstendamm 21
10719 Berlin
+49 30 544459880
+49 30 544459885
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GRP Rainer Rechtsanwälte Steuerberater Bonn
Friedrich-Ebert-Allee 13
53113 Bonn
+49 228 929599890
+49 228 929599895
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GRP Rainer Rechtsanwälte Steuerberater Düsseldorf
Königsallee 92a
40212 Düsseldorf
+49 211 993399920
+49 211 993399925
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GRP Rainer Rechtsanwälte Steuerberater Frankfurt
Skyper Villa
Taunusanlage 1
60329 Frankfurt am Main
+49 69 172979670
+49 69 172979675
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GRP Rainer Rechtsanwälte Steuerberater Hamburg
HafenCity
Am Kaiserkai 1
20457 Hamburg
+49 40 422369430
+49 40 422369435
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GRP Rainer Rechtsanwälte Steuerberater München
Maximilianstraße 35a
80539 München
+49 89 211298800
+49 89 211298805
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GRP Rainer Rechtsanwälte Steuerberater Stuttgart
Königstraße 10c
70173 Stuttgart
+49 711 988099810
+49 711 988099815
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Do you have any questions?
Make an appointment at one of our locations in Cologne, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich or Stuttgart! For International inquiries, please contact us at our offices in London or Singapore!