The McCarthy Law Firm is here to help you navigate this unprecedented financial insecurity in a cost effective way with any family law concerns you may have. Our full service family law firm offers customized and reduced cost options such as legal coaching, limited scope representation and a broad range of fee options suitable for most budgets. At this time, we are also offering free one hour telephone consultations for any medical professionals, first responders, law enforcement and military personnel. Please call us at (520) 623-0341 to explore your options. Click here to learn more about how we are following protocols from the county and CDC in order to better assist you.

Splitting the Family Business

In a divorce, each spouse is entitled to 50 percent of the community assets if the couple resides in a community property state. Dividing impersonal as-sets with a defined value is simple. But a family business is rarely impersonal. It’s not just a job—for most, it’s their life and livelihood.

The value defies the certainty of a “ones and zeros” calculation. The only real certainty is that an appraisal will be costly and disruptive, with an outcome dependent on the appraiser being a “seer” who can divine the future. Read more

This article is inspired and sourced from Kathleen McCarthy’s December 2015 Brief Encounters article, as published in Tucson’s Desert Leaf magazine.

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