A full service law firm with focused practice groups in family law, adoption, probate,
traffic/criminal defense and civil litigation.
Business Owners Divorce
Business Owners Divorce Attorneys Serving Akron and Northeast Ohio
Serving Akron, Canton, Summit County, Portage and Medina, Ohio.
Owning a business is more than a career. It is your livelihood, your legacy, and your day-to-day reality. When you’re going through a divorce, it can feel like everything you built is at risk. At Hoover Kacyon, LLC, we help business owners protect what they have worked for while resolving divorce matters with clarity and control.
We understand the stress that comes with uncertainty. That is why we take the time to get it right. We value your business accurately, present the facts clearly, and structure outcomes that allow you to move forward. You will not have to handle this alone. You will have a team in your corner, and we will help you reach the other side with your business and your peace of mind intact.
Why Divorce Is
Different for Business Owners
Business assets often blur the lines between personal and professional. Your company may generate income, own property, employ family members, or hold contracts tied to your name. Ohio’s divorce laws treat business interests as marital property when they were formed or increased in value during the marriage. But dividing them fairly takes more than a simple formula.

The court will look at valuation, liquidity, ownership structure, and contribution. Your business may need to be valued, offset, or excluded based on how it was built. Support payments may also depend on irregular income, retained earnings, or shareholder distributions. We help you prepare accurate records, preserve operations, and create a plan that reflects both your financial future and the health of your business.
Family Law
Experienced Lawyers in Family Law, Divorce, Adoption, Estate Planning, Probate, Criminal, Traffic, Bankruptcy, Business, Personal Injury, Civil and Education Law.
What We Can Do for You
We help you move through the divorce process with legal and financial structure so your company remains steady even when everything else is changing. Our goal is to protect your business interests, maintain operations, and put long-term plans in place so you can move forward with clarity, control, and confidence.
Prepare and File Business Asset Disclosures
We review financial records, tax returns, and ownership documents to complete mandatory court filings. We distinguish personal income from business value and identify marital versus separate interests.
Coordinate Formal Business Valuation
We work with trusted valuation professionals to determine the fair market value of your business. Their reports are used in court filings, settlement negotiations, or support calculations.
Structure Property Division to Preserve Operations
We draft proposed division schedules, buyout terms, or offset arrangements that allow you to retain ownership. We protect your ability to operate the business while still complying with Ohio law.
Address Income in Support Calculations
We prepare financial affidavits that reflect real income, not reinvested revenue or seasonal fluctuations. We ensure support orders are based on what is fair and sustainable for both parties.
Draft Agreements that Protect the Business
We help finalize agreements that preserve your control, including settlement terms, non-disclosure clauses, and consent orders that reduce the risk of future disputes or disruption.
When to Call a Divorce Attorney for Business Owners
If you own a company and are facing divorce, the best time to involve us is before discovery begins. Early planning means better recordkeeping, better financial strategies, and better outcomes.
Whether you want to preserve ownership, protect your income stream, or prepare for negotiation, we will help you take control of the process.
Tell Us About You And Your Situation
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Frequently Asked Questions
Will I lose part of my business in the divorce?
Not necessarily. In many cases, we help clients retain full ownership by valuing the business and offsetting with other assets or structured support.
How is the business valued in a divorce?
We work with business valuation experts to calculate fair market value. This includes income approach, asset approach, and market comparisons depending on the business type.
Can my spouse access business records?
Yes, through discovery. We help you provide what is required while protecting sensitive information and maintaining operational privacy.
Do I have to sell my business?
Very rarely. Courts generally avoid forcing a sale unless no other division is possible. We help you propose alternatives that meet the legal standard while keeping your business intact.
What if my spouse worked in the business?
Their role may affect how the business is valued or divided. We prepare clear records and arguments to reflect their true contribution and protect your long-term role.
