When facing a divorce in Arizona, understanding how a family business is divided can be vital to protecting your financial interests. Arizona’s community property laws directly impact the division of assets, including any business started or grown during the marriage, and how it affects the divorce with a business involved. Whether you are a business owner or share ownership with your spouse, these proceedings can have far-reaching consequences for your livelihood.
Family law court focuses on resolving disputes related to domestic relations. Governed by Arizona Revised Statutes (ARS) Title 25, family court court handles matters like child custody, child support, and spousal support. Its primary goal is to ensure fairness and protect the best interests of children.
High-net-worth divorces, often involving assets worth $1 million or more, differ significantly from standard divorce cases. A high net worth divorce require experienced legal representation to manage their financial and legal challenges. At CHM Law, we specialize in handling complex divorce cases, ensuring your assets are protected and your interests prioritized.