When couples make the difficult decision to part ways, it is not just their emotions that are at stake; their financial assets also become entangled in the process. For small business owners, ensuring the protection of their entrepreneurial endeavors during a divorce...
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Divorce Involving A Business
3 valuation methods for your business during a divorce
Businesses make divorce more complicated than they already are. If you are a small business owner, the end of your marriage might also mean some significant changes for the business. Indiana has a high divorce rate at 12.30 percent, according to World Population...
What are some options to protect a business in a divorce?
Protecting your business in a divorce is essential to ensure you do not have to close it. However, if you lack a pre-or post-nuptial agreement, it can be difficult. NFIB explains there are a few things you can do if you realize a divorce is imminent that will protect...
How can business liquidity cause issues during a divorce?
When you divorce as a business owner, your business becomes part of your marital assets. Unless you have an agreement that leaves it out, you will need to figure out a compromise that allows you to keep your business. Your options include co-owning the business with...
What happens to your business if your spouse files for divorce?
Other than your family, your professional success is one of the biggest defining features of who you are and how you view yourself. If you started and run a small business or professional practice, that company is probably a big part of your personal identity. It may...
The options to consider when divorcing couples own a business
Divorce is almost always complicated, especially when dealing with emotions, child-related matters as well as assets and finances. If you are going through a divorce, you may consider yourself one of the lucky ones if you do not own a business with his or her...