Splitting the family businessSplitting the family business

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Splitting the family business

It's hard enough getting divorced, but if you also have a family business there is an extra level of complication with ensuring the business is split in the right way. It's important to have a lawyer who knows how to organise a divorce settlement in a way that doesn't affect the operation of the family business, as both parties need the business to remain profitable. I have a lot of experience in these matters and can make some recommendations on the right steps to take, including which divorce lawyers are most suitable when splitting a family business. Read on for more information.

Lesser-Known Instances When You Need the Services of a Family Lawyer

11 November 2021
 Categories: , Blog

There are approximately 83,643 registered lawyers in Australia specialising in various branches of the profession. Family lawyers represent a sizeable chunk of the number as more people continue to understand what the profession offers. Notably, these kinds of lawyers mainly deal with family and relationship issues. In the process, family lawyers uphold the interests of the family structure. That said, most people are only aware of the most common reasons -- divorce, child support, alimony, and civil union -- for hiring a family lawyer. However, there are lesser-known instances when one might need a family lawyer. This article highlights such cases.

Preparing for Marriage 

Marrying the love of your life could perhaps be the most exciting time of your life. Therefore, you might be preoccupied with making the ceremony a success and forget the legal issues surrounding marriage. However, marriage can be a complicated legal affair; hence, you need to understand the process before diving in headfirst. Thus, you should consult a family lawyer to help you navigate the legal responsibilities and rights involved in marriage. For instance, you can talk to a family lawyer regarding a prenuptial agreement before marriage. It will help protect your interests, particularly if you own property and have children, in the event of a divorce.

Upon Separation 

Most couples only need to hire a family lawyer when their partner presents them with divorce papers. Unfortunately, waiting that long to hire a family lawyer does not help your cause. It usually happens because some partners do not know when they need a family lawyer. If you have tried everything you can to save your marriage but nothing improves, do not wait any longer. While it is okay to want your marriage to work, it can reach a point when separating is best. The right time to hire a family lawyer is the moment you realise your partner is not interested in saving the marriage, which usually happens upon separation.

Child Adoption 

Most people have the skewed notion that they do not need a family lawyer during adoption. Therefore, they leave everything in the hands of a child adoption agency and only show up to sign the papers once a match has been found. However, nothing could be further from the truth because the adoption process is a lengthy legal tussle. Most importantly, you need a family lawyer to protect your interests during adoption. A lawyer can also speed up the adoption process, allowing you to bring your child home within the shortest time possible.

Reach out to a local family lawyer to learn more.