Austin’s startup ecosystem continues to thrive, and for many founders, it’s a perfect time to be alive. However, while your business continues to grow, you might find issues happening at home. Any divorce is stressful and complicated, but when you have major financial assets and responsibilities, this stress can be tenfold. Ownership interests, future valuations, investor relationships, and intellectual property can all become points of contention. Call us today at Gray Becker, P.C. to work with our Austin, TX startup founders divorce lawyer!
Austin, TX Startup Founders Divorce Lawyer
One major challenge founders face in a divorce is determining how business equity should be treated under Texas law. As a community property state, any ownership interest acquired after a marriage can be subject to division. Determining what can be subjected to division can be challenging when considering whether the company is privately held or if the business has pre-revenue. Our team can help analyze how equity was earned and if any portion can be considered separate property.
Overall valuation can be tricky. Startups often don’t have a clear market value, especially in their early stages. However, a startup’s future growth can be significant. Our experienced team can help protect you from inflated estimates that can cause an unfair settlement or threaten the future stability of your company. We can also help protect any intellectual property. Founders often develop ideas, software, or proprietary systems during marriage, sometimes before the company is formally incorporated.
Any divorce can cause conflicts or disputes, but our legal team can provide mediation and negotiations. It’s our goal to minimize costs as much as possible. A settlement or compromise can prevent a divorce case from dragging on, which can be costly. We’ll also work to protect your privacy as divorce litigation can expose sensitive information like financial data or internal company details.
Experience Matters For Startup Founders Divorces
Facing a divorce during a startup is stressful, but you don’t have to handle it alone; you can get help from our experienced Austin startup founders divorce lawyers.
- Our team includes John D. Jacks who served as an Assistant Attorney General for the State of Texas after completing law school at The University of Texas. He brings over 25 years of legal experience. During his career, he has litigiated cases in state and federal courts.
- Margaret Tucker has experience handling both litigation and mediation issues. With over 20 years of legal experience, she has received several distinctions, including the Super Lawyer Nomination for Family Law every year since 2015.
- Nathan Kennedy is well-equipped to handle divorces. He graduated with honors from Thurgood Marshall School of Law in 2006, and he’s Board Certified in Family Law by the Texas Board of Legal Specialization. He received the Texas Super Lawyer from 2020 – 2023.
Juggling both an emerging startup and a heated divorce can be overwhelming, but our team can lighten the load. Call us today at Gray Becker, P.C. to schedule a consultation with our Austin startup founders divorce lawyer!