Divorcing when you share a business
Dividing your assets during divorce can be difficult enough without the added complication of sorting out a shared business. But as increasing numbers of people turn to self-employment, many couples also end up as business partners. When it comes to divorce, deciding what to do about your company can be tricky: do you dissolve it and divide the proceeds; should one of you buy out the other; or will you risk leaving the decision to the court? When you’ve worked hard to build a business, you may dread the prospect of losing it during separation – but divorce does not necessarily mean the end of your ...
