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Divorce Advice for Men | Fathers Rights Divorce | Child Custody

Providing men with essential divorce advice, fathers rights divorce information and child custody articles. Dads Divorce is a community for men facing divorce or fathers rights issues and run by Cordell and Cordell. Cordell & Cordell is a family law firm with a focus on men's divorce, child custody and fathers rights divorce.
Tags >> business
Apr 19, 2013

Noblesville Indiana Divorce LawyerQuestion:

I am planning on forming a C corporation to run my small consulting business and take a nominal salary that would hopefully reduce or eliminate my alimony payments.

Would a lesser income taken from this new corporation be grounds for an alimony modification?


Sep 02, 2012

divorce lawyer Daniel ExnerQuestion:

Say I set up an irrevocable trust in my child's name only, and buy real estate property, stocks, and bonds using income from my business to transfer into this trust.

During a divorce, would my spouse be able to claim 50% interest in this irrevocable trust?

What if I set up an irrevocable trust in my parents' names only, and also bought investment assets for this trust using business income? Would the spouse be able to claim interest in this irrevocable trust?


Apr 29, 2012

St. Louis divorce lawyerQuestion:

I owned a small business during our marriage and put my wife on as co-owner merely out of respect and not as an indication of the work she provided. The business failed and now we are heavily in debt.

She wants me to take full ownership of the debt, but I cannot realistically accomplish that with the amount owed.

How will the judge divide the business debt?


Apr 01, 2012

dividing property divorceQuestion:

I am going through a divorce and want to know the repercussions of starting a small business before my divorce is finalized.

Because of divorce waiting periods, my divorce won't be final for almost a year and I would like to start my business as soon as possible.

How are assets and/or debts accumulated during the separation period but before the divorce is finalized handled? Can my estranged wife claim half of my business if it is launched before we are officially divorced?


Jan 23, 2012

divorce lawyer Daniel ExnerQuestion:

I own 25% of my family business. It is written into the company bylaws that no spouse in the instance of divorce will have any interest in the company.

Can my ex-wife still be awarded a portion of the business? Do state divorce laws overrule the company bylaws?


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