Law Offices Of Greg Enos

Galveston divorce lawyer | Galveston divorce attorney | Child custody lawyers Galveston

281-333-3030

Divorce and Child Custody

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Divorce for Business Owners

Divorce for business owners can involve complicated issues vitally important to both spouses.These issues include valuation of the business, child support over guidelines and spousal support. Often, the business is the family’s most valuable asset.For a discussion of property division, see the Property Division page. The fair market value of a a business can have huge implications in a divorce and is often hotly contested. The divorce attorney must be familiar with both the rules involved in such valuations as well as the relatively small number of experts working in the Houston area who can provide valuation opinions. Placing a value on a small ice cream shop 100% owned by the wife, for example, is very different than valuing the interest of a 10% partner in a large insurance agency.  Different rules and discounts apply to each situation and some experts are much more qualified than others to be involved in each case. Knowledge, experience and the right expert are essential to a fair outcome. Working with a professional business evaluator, attorney Enos helps clients determine business value and hopefully reach an agreement on the community property division.   Click here for a more detailed discussion of Business Valuation in a Texas Divorce.

Many small business owners pay personal, household expenses directly from the business accounts. This practice can effect what the business owner’s real income is and thus change child support calculations. A business owner who works many long hours (as often is the case), may be at a disadvantage in a child custody case simply because of those work hours. On the other hand, a business owner is usually in control of her own schedule and really may be more flexible when it comes to spending time with the children.

Representation of the spouse of a business owner often involves more work because the other spouse often has control of information and financial data. Often, a payout plan is negotiated to provide income and compensate the otherl spouse for the community’s interest in the business. things can get very tricky when both spouses work in the business and sometimes one spouse must be ordered to leave the business while the divorce is pending.

Attorney Greg Enos

Attorney Greg Enos, has 33+ years of legal experience and is Board Certified in Family Law by the Texas Board of Legal Specialization. The Enos Law Firm handles divorce, adoption and child custody cases in Harris County (Houston), Galveston, and Brazoria County, Texas. Greg Enos has been through his own divorce and child custody battle (he won) and understands what his clients are going through. Enos is very involved in local politics and charities and he is a former Bar Association President. Enos speaks at legal seminars on family law educating attorneys and judges and he publishes legal directories and a legal newspaper that are widely used and read by Houston area attorneys and courts. Enos is a respected leader of the legal profession working to improve family courts.

Call 281-333-3030 to schedule a confidential consultation. Phone appointments are available for prospective clients who live in other cities or countries or are traveling for business.

The office of The Enos Law Firm is in Webster, Texas, in the Clear Lake area between Houston and Galveston.
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    17207 Feather Craft Lane, Webster, Texas 77598

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