<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="/wp-content/themes/feed/atom.xsl"?>
<feed
        xmlns="http://www.w3.org/2005/Atom"
        xmlns:wwe="http://release.wwe.com/atom/1.0"
        xmlns:thr="http://purl.org/syndication/thread/1.0"
        xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/"
        xml:lang="en-US"
        xml:base="https://www.hillmac.com/wp-atom.php"
	>
    <title type="text">Hill Macdonald, LLC</title>
    <subtitle type="text">Marietta Family Law and Divorce Attorneys &#124; Hill Macdonald, LLC</subtitle>

    <updated>2026-07-06T13:54:42Z</updated>

    <link rel="alternate" type="text/html" href="https://www.hillmac.com" />
    <id>https://www.hillmac.com/feed/atom/</id>
    <link rel="self" type="application/atom+xml" href="https://www.hillmac.com/feed/atom/?forceByPassCache=0.6558352560314058" />
	
	<generator uri="https://wordpress.org/" version="6.9.4">WordPress</generator>
<icon>/wp-content/uploads/sites/1503178/2020/11/cropped-hm-1-32x32.png</icon>
        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[The First 3 Things a Business Owner Should Do After Being Served Divorce Papers]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2026/05/3-things-if-youre-a-business-owner-served-divorce-papers/" />
            <id>https://www.hillmac.com/?p=50137</id>
            <updated>2026-06-01T14:46:19Z</updated>
            <published>2026-05-18T15:42:01Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[As a business owner, you worked hard to establish and build your company. You likely want to protect it, but you may not think that you need to protect it from your spouse. That changes if you’re served divorce papers.  Making sure that you take appropriate steps immediately when you get the papers can help to protect the company. Avoid…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2026/05/3-things-if-youre-a-business-owner-served-divorce-papers/"><![CDATA[<span style="font-weight: 400;">As a business owner, you worked hard to establish and build your company. You likely want to protect it, but you may not think that you need to protect it from your spouse. That changes if you’re served divorce papers. </span>

<span style="font-weight: 400;">Making sure that you take appropriate steps immediately when you get the papers can help to </span><a href="https://www.forbes.com/sites/frawleypollock/2022/02/24/how-to-lessen-the-impact-of-divorce-on-your-business/" target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span style="font-weight: 400;">protect the company</span></a><span style="font-weight: 400;">. Avoid making any rash moves, such as suddenly taking money out of business accounts or selling off assets. Instead, respond in a calm, organized and thoughtful manner. </span>
<h2><span style="font-weight: 400;">Seek an attorney familiar with business divorces</span></h2>
<span style="font-weight: 400;">Your first step should be to consult with an attorney who’s familiar with </span><a href="/divorce-law/businesses-assets-in-divorce/" rel="nofollow " data-wpel-link="internal"><span style="font-weight: 400;">business owners who are going through a divorce</span></a><span style="font-weight: 400;">. This is your chance to get more than just general information about what steps you should take. </span>
<h2><span style="font-weight: 400;">Secure and organize financial records</span></h2>
<span style="font-weight: 400;">Business records will likely become central in the divorce. These include:</span>
<ul>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Ownership agreements</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Loan documents</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Invoices</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Records of distributions</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Tax returns</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Profit and loss statements</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Balance sheets</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Bank records</span></li>
 	<li style="font-weight: 400;"><span style="font-weight: 400;">Payroll information</span></li>
</ul>
<span style="font-weight: 400;">These all help to show how the business operates, including how it earns money and what it owes. They should also show that the business finances are separated from the marital finances. </span>

<span style="font-weight: 400;">Secure the financial records, which may involve making copies or saving them digitally. Being able to produce the records quickly when required is beneficial and may reduce delays in the divorce. </span>
<h2><span style="font-weight: 400;">Protect the value of your business</span></h2>
<span style="font-weight: 400;">A business isn’t valued by the balance in the commercial checking account. Valuation may consider revenue, assets, liabilities, market conditions, ownership restrictions and future earning capacity. The type of business you have determines how it should be reviewed. Service businesses require a very different process than a professional practice or goods-related business. </span>

<span style="font-weight: 400;">Your business isn’t the only factor that you need to handle during a divorce. It’s critical that you take steps to protect yourself and your personal interests. Working with someone who’s familiar with matters similar to your divorce and who can consider the specific circumstances of your case is beneficial. </span>

&nbsp;]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[Changing Your Name and Identity After a Georgia Divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2026/01/changing-your-name-and-identity-after-a-georgia-divorce/" />
            <id>https://www.hillmac.com/?p=50074</id>
            <updated>2026-01-28T03:53:40Z</updated>
            <published>2026-01-28T03:53:40Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[After a divorce, you may be interested in changing your name and identity to fully separate yourself from your previous marriage. The first step is to indicate the new name that you want in the petition documents that you submit to the court. Additionally, you will need proof of your current name, with a common example being your driver’s license.…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2026/01/changing-your-name-and-identity-after-a-georgia-divorce/"><![CDATA[<span style="font-weight: 400">After a divorce, you may be interested in changing your name and identity to fully separate yourself from your previous marriage. The first step is to indicate the new name that you want in the petition documents that you submit to the court.</span>

<span style="font-weight: 400">Additionally, you will need proof of your current name, with a common example being your driver’s license. You will then need a </span><a href="https://georgia.gov/apply-name-change" data-wpel-link="external" target="_blank" rel="noopener noreferrer"><span style="font-weight: 400">number of different forms</span></a><span style="font-weight: 400">, including:</span>
<ul>
 	<li style="font-weight: 400"><span style="font-weight: 400">The Petition to Change Name Form </span></li>
 	<li style="font-weight: 400"><span style="font-weight: 400">A Notice of Petition </span></li>
 	<li style="font-weight: 400"><span style="font-weight: 400">A Verification Form</span></li>
</ul>
<span style="font-weight: 400">Once you have gathered the proper documentation, you can submit it along with payment for the related fees to the clerk’s office of the superior court. Ensure that you know which court to use, as it will be the one in the county where you are a resident. You may have to have some of the forms notarized, and you will get a court case number after you file the petition. Keep this number and copies of all documents. </span>
<h2><span style="font-weight: 400">The waiting period</span></h2>
<span style="font-weight: 400">There is a waiting period for adult name changes under Georgia law, which is 30 days. You will then have a hearing set up with the Superior Court that you need to attend. Keep copies of all forms and bring documentation to the hearing so the judge can review your case. They will then issue a certified final order, which you should keep for your records and the next steps.</span>

<span style="font-weight: 400">These next steps include updating your name with various government agencies for identification purposes. Examples include your passport, your Social Security card through the SSA, and your Georgia driver’s license.</span>
<h2><span style="font-weight: 400">The wider impact</span></h2>
<span style="font-weight: 400">Finally, after changing your name, it may be important to talk with your children, friends and family members. You also want to consider the impact on your professional reputation and your career, as your name may need to be updated with employers or local organizations.</span>

<span style="font-weight: 400">This can be a complex process, but it can give you a fresh start, so be sure you know exactly what </span><a href="https://www.hillmac.com/divorce-law/post-divorce-modifications/" data-wpel-link="internal"><span style="font-weight: 400">legal steps to take</span></a><span style="font-weight: 400"> when navigating a name change in Georgia.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[Divorce and social media: What you post can be used against you in Georgia]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2025/12/divorce-and-social-media-what-you-post-can-be-used-against-you-in-georgia/" />
            <id>https://www.hillmac.com/?p=49980</id>
            <updated>2025-12-16T14:53:00Z</updated>
            <published>2025-12-16T14:52:04Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Going through a divorce is challenging enough. You have many legal and emotional hurdles to deal with after the breakdown of a marriage, without creating evidence that can hurt your case in Cobb County family court. In Georgia, anything you post on Facebook, Instagram and other online platforms becomes discoverable evidence, meaning the judge and the opposing attorney can legally…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2025/12/divorce-and-social-media-what-you-post-can-be-used-against-you-in-georgia/"><![CDATA[Going through a divorce is challenging enough. You have many legal and emotional hurdles to deal with after the breakdown of a marriage, without creating evidence that can hurt your case in Cobb County family court.

In Georgia, anything you post on Facebook, Instagram and other online platforms becomes discoverable evidence, meaning the judge and the opposing attorney can legally use it against you. Before you hit "share" to vent or boast, take a moment to understand the high stakes.
<h2>5 critical "DON'TS" for social media during divorce</h2>
Your <a href="https://www.psychologytoday.com/us/blog/a-better-divorce/202111/marriage-divorce-and-social-media-a-recipe-for-disaster" target="_blank" rel="noopener noreferrer" data-wpel-link="external">social media</a> profile is a window into your life. You can be sure that your former spouse’s legal team actively searches for any misstep. These five types of posts are ones to avoid:
<ul>
 	<li aria-level="1"><strong>DON'T badmouth your ex (or the judge/court):</strong> Disparaging the other parent can raise questions over your fitness for custody, by showing a lack of respect for co-parenting and the court system. Keep all frustrations private and offline.</li>
 	<li aria-level="1"><strong>DON'T flaunt a lavish lifestyle or new assets:</strong> Photos of new cars, expensive trips or costly purchases directly contradict claims of financial hardship. Your fun posts can quickly undermine your financial position regarding alimony or asset division.</li>
 	<li aria-level="1"><strong>DON'T post about new relationships:</strong> Georgia courts scrutinize new relationships, especially in custody cases, focusing on the children's stability. Before the divorce is final, your ex can argue that a post announcing a new love interest is evidence of adultery, which is a bar to receiving alimony.</li>
 	<li aria-level="1"><strong>DON'T share photos/posts showing questionable judgment:</strong> The other side can also use posts related to excessive drinking, partying or reckless behavior to question your judgment. The court can use this to determine if your conduct is consistent with the "best interests” of your child, which is the benchmark of custody decisions.</li>
 	<li aria-level="1"><strong>DON'T trust privacy settings:</strong> “Private” accounts offer a false sense of security. Friends can take screenshots, and the legal process can compel access to your records. Assume everything you post online is public.</li>
</ul>
These online actions can cost you dearly in custody and financial decisions. You should act as if a judge reads every word you type and views every photo you upload.
<h2>Crucial legal warning (the "don't delete" rule)</h2>
If you have already posted something damaging, the worst thing you can do is try to hide it. Do not delete it or scrub your account before speaking with an experienced Marietta divorce attorney.

In Georgia, when litigation is pending or reasonably foreseeable, parties have a duty to preserve potential evidence. Deleting posts when a divorce is likely to occur may be viewed as destroying evidence. Before taking any action, it’s advisable to consult with a skilled lawyer to help you <a href="https://www.hillmac.com/divorce-law/" target="_blank" rel="noopener" data-wpel-link="internal">protect your rights</a> both online and in the courtroom.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[Understanding ‘equitable distribution’ in a Georgia divorce: It&#8217;s not always a 50/50 split]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2025/11/understanding-equitable-distribution-in-a-georgia-divorce-its-not-always-a-50-50-split/" />
            <id>https://www.hillmac.com/?p=49975</id>
            <updated>2025-11-07T18:20:52Z</updated>
            <published>2025-11-06T19:54:16Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[When facing divorce, many people assume you must divide all assets and debts equally, dollar-for-dollar. You may think that a 50/50 split is the rule, especially when high-value property is involved. Georgia divorce law, however, uses the term “equitable distribution,” meaning the court aims for a fair division, not an automatically equal one. Understanding the difference between marital and separate…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2025/11/understanding-equitable-distribution-in-a-georgia-divorce-its-not-always-a-50-50-split/"><![CDATA[When facing divorce, many people assume you must divide all assets and debts equally, dollar-for-dollar. You may think that a 50/50 split is the rule, especially when high-value property is involved.

Georgia divorce law, however, uses the term “equitable distribution,” meaning the court aims for a fair division, not an automatically equal one. Understanding the difference between marital and separate property is your first step toward achieving a just division.
<h2>Marital vs. separate property</h2>
First, you must categorize all property and debts before the court can divide them. Marital property includes all assets and debts you or your spouse acquired during the marriage, even if the asset, such as a retirement account or the family home, has only one spouse's name on the title.

Separate property is any asset you owned before the marriage or received as a gift or inheritance during the marriage. Generally, the court will not divide separate property in a divorce. Accurately classifying everything is essential to protecting your premarital wealth and ensuring a fair distribution of what you built together.

Think of it this way: Georgia classifies pets as personal property subject to <a href="https://www.findlaw.com/state/georgia-law/georgia-marital-property-laws.html" target="_blank" rel="noopener noreferrer" data-wpel-link="external">equitable division</a>, but courts often consider factors beyond simple ownership, such as the primary caregiver and the pet's well-being, when determining possession.
<h2>Factors for division</h2>
If you and your spouse cannot agree on a property settlement, a Georgia court reviews specific factors to determine what is truly "fair" or equitable. The judge does not start with a rigid 50/50 formula.

Instead, the court looks at the overall picture of your marriage, considering:
<ul>
 	<li aria-level="1"><strong>Financial and nonfinancial contributions</strong>: Including who contributed financially and who contributed non-financially as a homemaker or caretaker</li>
 	<li aria-level="1"><strong>Marriage duration</strong>: How long you were married affects the division</li>
 	<li aria-level="1"><strong>Marital conduct</strong>: Marital conduct, such as adultery, may affect asset division in Georgia even if it didn’t involve the depletion of marital assets, as the judge or jury may consider it a factor when determining an equitable, unequal distribution</li>
 	<li aria-level="1"><strong>Financial needs and capacity</strong>: Each spouse's relative earning power and economic resources after the divorce</li>
</ul>
Because these factors are subjective, the outcome of your division is rarely guaranteed to be equal. The court has substantial flexibility to craft a resolution it believes is right for your unique situation.
<h2>Why skilled legal guidance matters</h2>
Equitable distribution is a complex concept that requires careful analysis of all your assets and circumstances. An experienced property division attorney can help you by thoroughly identifying and valuing all marital property, including <a href="https://www.hillmac.com/divorce-law/high-asset-divorce/" target="_blank" rel="noopener" data-wpel-link="internal">complex assets</a> and business interests.

The division of marital assets requires a thorough understanding of Georgia’s property distribution laws to build a compelling argument for a fair division. A skilled lawyer can help you present a strong case that emphasizes vital factors leading to a fair financial outcome.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[How do I handle divorce when my spouse is self-employed?]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2025/07/how-do-i-handle-divorce-when-my-spouse-is-self-employed/" />
            <id>https://www.hillmac.com/?p=49951</id>
            <updated>2025-07-18T16:41:45Z</updated>
            <published>2025-07-18T16:41:45Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorce is a challenging process, and when one spouse is self-employed, it adds layers of complexity to the financial and legal proceedings. Understanding how to handle these unique circumstances can help to better ensure a fair and equitable resolution. Understanding the financial landscape Self-employment often means fluctuating income and diverse assets. It is important to gain a clear picture of…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2025/07/how-do-i-handle-divorce-when-my-spouse-is-self-employed/"><![CDATA[Divorce is a challenging process, and when one spouse is self-employed, it adds layers of complexity to the financial and legal proceedings. Understanding how to handle these unique circumstances can help to better ensure a fair and equitable resolution.
<h2>Understanding the financial landscape</h2>
Self-employment often means fluctuating income and diverse assets. It is important to gain a clear picture of the financial situation to make informed decisions during divorce proceedings.
<ul>
 	<li><strong>Assess income accurately:</strong> Self-employed individuals may have variable income. Review tax returns, profit and loss statements, and bank records to determine a consistent income pattern.</li>
 	<li><strong>Identify business assets:</strong> Determine what assets are part of the business and which are personal. This includes equipment, intellectual property, and accounts receivable.</li>
 	<li><strong>Evaluate debts and liabilities:</strong> Understand any business debts that may impact personal finances. This includes loans, credit lines, and outstanding invoices.</li>
</ul>
Accurate financial assessment helps in negotiating fair settlements and understanding the true value of shared assets.
<h2>Legal considerations in divorce</h2>
Legal proceedings involving a self-employed spouse require careful attention to detail. It is important to take steps to protect both parties' interests while also working to ensure compliance with legal standards. In addition to the steps noted above, it is also important to get a proper business valuation. A professional appraiser can provide an unbiased valuation of the business. This helps in dividing assets equitably. It is also wise to consider any potential tax implications. Divorce can have significant <a href="https://www.kiplinger.com/retirement/getting-divorced-beware-of-hidden-tax-traps-as-you-divide-assets" target="_blank" rel="noopener noreferrer" data-wpel-link="external">tax consequences</a>, especially when dealing with business income.

Handling a divorce when a spouse is self-employed requires thorough financial analysis and careful legal planning. By understanding the complexities involved, both parties can work <a href="https://www.hillmac.com/divorce-law/high-asset-divorce/" target="_blank" rel="noopener" data-wpel-link="internal">towards a fair resolution</a> that respects their individual and shared interests.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[Can a parent kidnap their own child in Georgia?]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2025/05/can-a-parent-kidnap-their-own-child-in-georgia/" />
            <id>https://www.hillmac.com/?p=49943</id>
            <updated>2025-05-20T15:28:20Z</updated>
            <published>2025-05-20T15:24:54Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[As a parent, there’s no greater fear than the thought of your child being taken away from you. When parents are separated or divorced, this fear can be especially intense when parents don’t see eye-to-eye regarding matters like parental rights, religion, culture and approaches to parenting. What is parental kidnapping in Georgia? In Georgia, parental kidnapping, sometimes called custodial interference…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2025/05/can-a-parent-kidnap-their-own-child-in-georgia/"><![CDATA[<span data-preserver-spaces="true">As a parent, there's no greater fear than the thought of your child being taken away from you. When parents are separated or divorced, this fear can be especially intense when parents don't see eye-to-eye regarding matters like parental rights, religion, culture and approaches to parenting.</span>
<h2><span data-preserver-spaces="true">What is parental kidnapping in Georgia?</span></h2>
<span data-preserver-spaces="true">In Georgia, </span><a class="editor-rtfLink" href="https://codes.findlaw.com/ga/title-16-crimes-and-offenses/ga-code-sect-16-5-40/" target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span data-preserver-spaces="true">parental kidnapping</span></a><span data-preserver-spaces="true">, sometimes called custodial interference or parental abduction, happens when one parent violates a custody order. This means taking or keeping a child away from the other parent, going against what the court has ordered.</span>

<span data-preserver-spaces="true">The legal consequences can be severe. Parents accused of parental kidnapping can face felony charges, fines, substantial jail time and loss of parenting time or rights.</span>
<h2><span data-preserver-spaces="true">Parental kidnapping vs. custody interference</span></h2>
<span data-preserver-spaces="true">While people often use both terms interchangeably, there is a key difference between parental kidnapping and custody interference.</span>
<ul>
 	<li><span data-preserver-spaces="true">Custody interference refers to any action that interferes with a parent's rightful custody of a child, such as denying visitation or hiding the child. </span></li>
 	<li><span data-preserver-spaces="true">Parental kidnapping involves the actual taking or concealment of the child.</span></li>
</ul>
<span data-preserver-spaces="true">Understanding these differences is crucial for parents navigating custody arrangements.</span>
<h2><span data-preserver-spaces="true">What to do if your child is taken</span></h2>
<span data-preserver-spaces="true">If your child's other parent kidnaps your child or fails to return them after visitation, it's essential to act quickly. Contact local law enforcement immediately and file a missing person's report. Provide as much information as possible, including photos, descriptions and any known locations. </span>

<span data-preserver-spaces="true">You can also contact the National Center for Missing &amp; Exploited Children (NCMEC) for assistance.</span>

<span data-preserver-spaces="true">Time is of the essence in these situations. The faster you act, the better chance you have of being reunited with your child.</span>
<h2><span data-preserver-spaces="true">Preventing parental kidnapping</span></h2>
<span data-preserver-spaces="true">Preventing parental kidnapping starts with clear communication and legal agreements. Ensure </span><a class="editor-rtfLink" href="https://www.hillmac.com/child-custody-child-support/" target="_blank" rel="noopener" data-wpel-link="internal"><span data-preserver-spaces="true">custody arrangements</span></a><span data-preserver-spaces="true"> are well-documented and legally binding. Keep records of all interactions with the other parent. Consider supervised visitation if necessary. These steps can help protect your child and reduce the risk of parental kidnapping.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[Managing a family business during and after divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2025/03/managing-a-family-business-during-and-after-divorce/" />
            <id>https://www.hillmac.com/?p=49923</id>
            <updated>2025-03-27T16:39:38Z</updated>
            <published>2025-03-27T16:39:38Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[When a marriage ends, dividing a family business can be one of the most complex aspects of divorce. This shared enterprise represents both financial assets and a legacy of hard work that requires careful handling. Dividing a family-run company requires careful consideration of several factors to ensure a fair outcome for both parties. Understanding equitable distribution Georgia’s divorce laws apply…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2025/03/managing-a-family-business-during-and-after-divorce/"><![CDATA[When a marriage ends, dividing a family business can be one of the most complex aspects of divorce. This shared enterprise represents both financial assets and a legacy of hard work that requires careful handling.

Dividing a family-run company requires careful consideration of several factors to ensure a fair outcome for both parties.
<h2>Understanding equitable distribution</h2>
Georgia's divorce laws apply an <a href="https://www.findlaw.com/family/divorce/equitable-distribution.html#:~:text=Equitable%20distribution%20is%20one%20of,property%20in%20two%20equal%20parts." target="_blank" rel="noopener noreferrer" data-wpel-link="external">equitable distribution approach</a> when dividing marital property. Rather than automatically splitting everything 50/50, courts aim for a fair division based on the specific circumstances of each case.

A family business may be classified as marital property, especially if its value increases during the marriage. Courts scrutinize the business's inception date, how it was funded and each spouse’s contributions. Remember, equitable means “fair,” not “equal.”
<h2>Determining business ownership</h2>
Establishing who owns the business is a critical step. Ownership can depend on the business’s starting date, the source of its funding and whether it experienced growth during the marriage.

Even if one spouse originally owned the business, courts may consider at least a portion as marital property if spouses used commingled funds in its operation or both helped expand its success.
<h2>Accurate business valuation</h2>
Determining the business’s actual value is essential for fair division. Professional business appraisers or forensic accountants can provide a detailed assessment using several methods. The most common are:
<ul>
 	<li><strong>Asset-based valuation</strong>: Calculating total assets minus liabilities</li>
 	<li><strong>Market-based comparisons</strong>: Comparing the business to similar companies</li>
 	<li><strong>Income-based methods</strong>: Estimating future earning potential</li>
</ul>
It’s essential to account for both tangible assets (like equipment and inventory) and intangible assets (such as goodwill and intellectual property). Spouses might hire separate experts whose valuations differ, which could lead to negotiations or court decisions.
<h2>Protection through marital agreements</h2>
Prenuptial and postnuptial agreements can protect a family business during a divorce. These agreements can:
<ul>
 	<li>Clearly outline ownership and division terms for the business</li>
 	<li>Specify how the business will be valued and divided in the event of a divorce</li>
 	<li>Provide a framework to reduce conflict and uncertainty, allowing for a smoother divorce process</li>
</ul>
Having a prenup or postnup in place can safeguard your business interests and minimize disputes, ensuring that both parties clearly understand expectations.
<h2>Options for division</h2>
Once an accurate value is determined, <a href="https://www.hillmac.com/blog/2020/04/dividing-a-family-business-during-divorce/" target="_blank" rel="noopener" data-wpel-link="internal">several paths exist</a> for handling the business during and after a divorce, including:
<ul>
 	<li>One spouse buys out the other's interest</li>
 	<li>Sell the business and split the proceeds</li>
 	<li>Continue as co-owners (requires strong communication and detailed agreements)</li>
</ul>
Your specific circumstances will determine the best approach.
<h2>Seeking professional guidance</h2>
Dividing a business involves complex legal and financial considerations. An experienced attorney working with financial professionals can help protect your interests while navigating Georgia’s equitable distribution system, ensuring proper valuation, and developing strategies that preserve business operations during and after the transition.

With proper guidance, you can make informed decisions that protect your business legacy and financial future post-divorce.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[Valuing and dividing property fairly in a high-asset divorce]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2025/02/valuing-and-dividing-property-fairly-in-a-high-asset-divorce/" />
            <id>https://www.hillmac.com/?p=49921</id>
            <updated>2025-02-28T18:54:21Z</updated>
            <published>2025-02-28T18:54:21Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Divorcing can feel like dismantling a life you carefully built, and dividing assets can be the physical manifestation of this emotional process. For affluent couples in Georgia, asset division becomes even more intricate due to the high value of property and the complexity involved. The division of assets is a critical aspect of divorce, and having a clear understanding of…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2025/02/valuing-and-dividing-property-fairly-in-a-high-asset-divorce/"><![CDATA[<span data-preserver-spaces="true">Divorcing can feel like dismantling a life you carefully built, and dividing assets can be the physical manifestation of this emotional process. For affluent couples in Georgia, asset division becomes even more intricate due to the high value of property and the complexity involved.</span>

<span data-preserver-spaces="true">The division of assets is a critical aspect of divorce, and having a clear understanding of how it works can provide tremendous reassurance during an otherwise tumultuous time.</span>
<h2><span data-preserver-spaces="true">Putting a price tag on complex assets</span></h2>
<span data-preserver-spaces="true">When it comes to </span><a class="editor-rtfLink" href="https://www.hillmac.com/divorce-law/high-asset-divorce/" target="_blank" rel="noopener" data-wpel-link="internal"><span data-preserver-spaces="true">divorces between affluent parties</span></a><span data-preserver-spaces="true">, not all assets are as straightforward as a bank account balance. For instance, some of the more complicated items that can require specific attention can include:</span>
<ul>
 	<li><span data-preserver-spaces="true">Business interests</span></li>
 	<li><span data-preserver-spaces="true">Real estate holdings</span></li>
 	<li><span data-preserver-spaces="true">Retirement and investment accounts</span></li>
 	<li><span data-preserver-spaces="true">Collectibles and art</span></li>
 	<li><span data-preserver-spaces="true">Offshore accounts</span></li>
</ul>
<span data-preserver-spaces="true">These properties can require the help of professionals like forensic accountants, specialized appraisers, realtors and others to identify and value assets. They can also assist with tracking down missing property and correctly categorizing it. Lawyers experienced in high-asset divorces can connect you with qualified professionals.</span>
<h2><span data-preserver-spaces="true">The Georgia division process</span></h2>
<span data-preserver-spaces="true">In Georgia, parties must divide eligible property in a way that is fair to both people when a marriage ends. This is "equitable distribution." Here's a simple breakdown:</span>
<ul>
 	<li><strong><span data-preserver-spaces="true">Marital property:</span></strong><span data-preserver-spaces="true"> Things you got during the marriage are usually divided.</span></li>
 	<li><strong><span data-preserver-spaces="true">Separate property</span></strong><span data-preserver-spaces="true">: Things you owned before the marriage or inherited usually stay with you.</span></li>
 	<li><strong><span data-preserver-spaces="true">Comingled property:</span></strong><span data-preserver-spaces="true"> If you mix separate property with marital property, it can become tricky to figure out who gets what.</span></li>
</ul>
<span data-preserver-spaces="true">To divide things fairly, you need to determine what everything is worth and </span><a class="editor-rtfLink" href="https://www.kiplinger.com/personal-finance/603067/the-danger-with-commingled-assets-in-a-divorce" target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span data-preserver-spaces="true">what kind of property it is</span></a><span data-preserver-spaces="true">. Then, you and your spouse (or a judge) will divide the property. When deciding how to divide things, they will think about things like:</span>
<ul>
 	<li><span data-preserver-spaces="true">Each person's financial situation</span></li>
 	<li><span data-preserver-spaces="true">The length of the marriage</span></li>
 	<li><span data-preserver-spaces="true">What each person contributed to the marriage (including if someone was a homemaker)</span></li>
</ul>
<span data-preserver-spaces="true">The goal is to make sure the division leaves both of you in a fair financial position.</span>
<h2><span data-preserver-spaces="true">Looking ahead with clarity</span></h2>
<span data-preserver-spaces="true">Understanding how to value and divide assets is a big step toward feeling in control of your future. A fair division of assets gives you a solid foundation to build your new life. </span><span data-preserver-spaces="true">By staying informed and working with skilled professionals, you can </span><span data-preserver-spaces="true">approach this chapter with confidence</span><span data-preserver-spaces="true"> and protect your financial interests.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[The role of protective orders in family law issues]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2024/10/the-role-of-protective-orders-in-family-law-issues/" />
            <id>https://www.hillmac.com/?p=49853</id>
            <updated>2024-10-10T14:56:10Z</updated>
            <published>2024-10-09T20:19:59Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Family law issues can be emotionally challenging. If a situation involves domestic violence, though, the process of divorce or determining child custody could be downright dangerous. Thankfully, the law provides mechanisms such as protective orders to ensure the safety of individuals threatened or harmed by domestic violence. What should you know about these legal tools? What is a protective order?…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2024/10/the-role-of-protective-orders-in-family-law-issues/"><![CDATA[Family law issues can be emotionally challenging. If a situation involves domestic violence, though, the process of divorce or determining child custody could be downright dangerous. Thankfully, the law provides mechanisms such as protective orders to ensure the safety of individuals threatened or harmed by domestic violence. What should you know about these legal tools?
<h2>What is a protective order?</h2>
<a href="https://www.findlaw.com/family/domestic-violence/domestic-violence-orders-of-protection-and-restraining-orders.html" data-wpel-link="external" target="_blank" rel="noopener noreferrer">A protective order</a>, sometimes called a "restraining order," is a court order that prohibits one person from approaching or communicating with the other. In the context of domestic violence, these orders are critical in safeguarding victims from their abusers.

During a divorce or other family law issue, these protective orders can limit the risk for families that have concerns about safety or harassment. If there is a threat of violence or actual violence by one party towards another, a protective order can provide legal measures to keep the threatened individual safe. During emotionally charged family disputes, a protective order can also help prevent one party from harassing or stalking the other.

Types of protective orders include:
<ul>
 	<li><strong>Emergency Protective Order (EPO)</strong>: An EPO is typically issued when someone needs immediate protection. Judges can grant them at any time of day or night and does not require a hearing. These orders usually last for a short period, typically from a few days up to a week. This type of order is crucial in providing immediate safety to individuals in urgent danger.</li>
 	<li><strong>Temporary Protective Order (TPO): </strong>TPOs generally last longer than EPOs, usually between <a href="https://georgia.gov/get-protective-order" target="_blank" rel="noopener noreferrer" data-wpel-link="external">six and twelve months</a>. During the TPO period, the court gathers more information and decides whether to issue a more permanent order.</li>
 	<li><strong>Permanent Protective Order (PPO)</strong>: If the court finds it necessary, it can issue a PPO at the end of the TPO period. A PPO offers long-term protection to the victim, typically lasting for several years and, in some cases, indefinitely. The terms of a PPO might include provisions like child custody and support in addition to contact restrictions.</li>
</ul>
No matter how long a protective order lasts, these court orders can provide peace of mind and emotional security for someone who feels threatened.
<h2>How can you get a protective order?</h2>
The process of obtaining a restraining order typically begins by filing a petition with the court. The petition should detail the incidents of abuse and the need for protection. After filing, the court typically reviews the petition and schedules a hearing where both parties can present their cases.

At the hearing, it is important for the victim to provide as much evidence as possible during this hearing. Evidence can include texts, emails, photographs, or witness statements. This information will help determine whether the court grants the protective order.

<a href="https://www.hillmac.com/divorce-law/protective-orders-domestic-violence/" target="_blank" rel="noopener" data-wpel-link="internal">Protective orders</a> are not just pieces of paper; they are tools that can significantly reduce the risk of further abuse. These orders can provide victims with the peace of mind needed to move forward and rebuild their lives, including offering protection during and after divorce.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Hill Macdonald, LLC</name>
				            </author>
            <title type="html"><![CDATA[What happens to a trust when spouses divorce?]]></title>
            <link rel="alternate" type="text/html" href="https://www.hillmac.com/blog/2024/07/what-happens-to-a-trust-when-spouses-divorce/" />
            <id>https://www.hillmac.com/?p=49781</id>
            <updated>2024-07-15T17:58:41Z</updated>
            <published>2024-07-15T17:58:41Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Some divorcing couples have very little property or debt to address. Others have complicated financial circumstances that require careful planning. Spouses who have enjoyed higher levels of income during their marriages tend to have more thorough financial plans in place. For example, they may have established a trust as a way of providing for their children or protecting certain resources…]]></summary>
			                <content type="html" xml:base="https://www.hillmac.com/blog/2024/07/what-happens-to-a-trust-when-spouses-divorce/"><![CDATA[Some divorcing couples have very little property or debt to address. Others have complicated financial circumstances that require careful planning. Spouses who have enjoyed higher levels of income during their marriages tend to have more thorough financial plans in place.

For example, they may have established a trust as a way of providing for their children or protecting certain resources from lawsuits and other legal concerns. Trusts can be very useful for the people who create them, but they can also add a degree of uncertainty to divorce proceedings.

What typically happens with a trust during a divorce involving a complex marital estate?
<h2>The type of trust determines what transpires</h2>
There are many <a href="https://www.usbank.com/wealth-management/financial-perspectives/trust-and-estate-planning/types-of-trusts-which-should-i-choose.html" data-wpel-link="external" target="_blank" rel="noopener noreferrer">different types of trusts</a>, but people largely group them into two main categories. Revocable trusts are trusts that people can continue to modify or adjust after their initial creation. Their flexibility is valuable, but they offer limited protection because the trustors can still modify them.

Irrevocable trusts are not subject to adjustment after their creation regardless of the circumstances. The only real exception involves the fraudulent creation of a trust without proper disclosures to the other spouse.

If spouses created a revocable trust, they may be able to dissolve the trust as part of the divorce process. If they created an irrevocable trust, they generally cannot regain control over the assets used to fund that trust. They may have to discuss the value of those resources and factor the trust into the broader property division process.

Couples who started trusts to provide support to others, such as a child with special needs or a charitable cause, may feel comfortable allowing a trust to persist after a divorce. Other times, when the goal of the trust relates to asset protection or accessing support for long-term care, there may be more concern about the resources used to fund the trust.

Discussing the intent behind the trust and the type of trust formed with a skilled legal team can help people choose the most reasonable solution for an existing trust during a divorce. Properly addressing complex resources can help spouses secure a <a href="https://www.hillmac.com/divorce-law/property-division/" data-wpel-link="internal">fair property division outcome</a> and prepare to move on financially after the end of a marriage.]]></content>
						        </entry>
	</feed>