Annie Allen
Annie Allen
84 💼 Business Owners in Divorce [Attorney, Ryan Kalamaya]
84 💼 Business Owners in Divorce [Attorney, Ryan Kalamaya]
84 💼 Business Owners in Divorce [Attorney, Ryan Kalamaya]
Wednesday 2nd February 2022
Attorney Ryan Kalamaya offers advice on managing business ownership during divorce. Learn about accurate valuations and fair income distribution.
55 minutes
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About this podcast
Author:
Annie Allen
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Categories:
Healing Relationships
Navigating Intimate Relationships
Empowering Recovery Journeys
Financial Health in Recovery
Navigating Challenges in Recovery
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Get the buttons here!Balancing Business and Divorce: Attorney Ryan Kalamaya's Advice
But really, if you were to ask me what is winning for me, winning for me is seeing my client in Two To Three Years and they feel like they got a good deal, but they're also able to maintain some semblance of a relationship if that's what they want.
Divorce is challenging enough without the added stress of owning a business. In this episode of 'Starting Over Stronger', Annie Allen sits down with Attorney Ryan Kalamaya to unravel the complexities of managing a business during a divorce. Ryan shares that every divorce involving a business is unique, requiring tailored strategies to protect one's interests. He emphasizes the importance of accurately valuing the business, which can be tricky without expert help.
Whether it's a restaurant or a law firm, knowing the true worth of your business is crucial to avoid unfair division. Ryan also touches on the tricky issue of determining income for the non-business owner spouse. If one partner has been running the business while the other worked elsewhere, figuring out a fair share can be complicated. This is where having an experienced attorney can make all the difference, ensuring both parties get what they deserve.
Another significant point discussed is the planning that some business owners might engage in when they sense a divorce coming. From hiding assets to manipulating financial records, these tactics can complicate matters further. Ryan advises working closely with an attorney to navigate these challenges and safeguard your interests. This episode offers practical advice for anyone facing divorce with a business in the mix.
From valuing your business correctly to dealing with income disputes and planning issues, Attorney Ryan Kalamaya provides valuable insights to help you come out on top. If you're looking for guidance on how to protect your business during a divorce, this conversation is a must-listen.