Businesses and Divorce

When spouses face divorce, the division of assets, including businesses, usually becomes a sensitive issue. Personal sentiments often intersect with financial interests, influencing negotiations and outcomes of the divorce. Specifically, sentimental value might...

Since they know the ins and outs of their business, some divorcing spouses agree on the business division terms outside of court. This is possible through alternative dispute resolution methods, such as mediation. On top of benefits like time and cost-efficiency,...

If a marriage ends, spouses must divide marital assets, including businesses acquired and owned during the marriage. While businesses are not easy to divide, several factors help divorcing spouses decide how to go about the property division. For one, when one of the...