Business Owner Divorce

Many American couples start a business together. In fact, an estimated 3 million small businesses in the U.S. in 2000 were couple-owned, and that number has likely grown over the last nearly two decades. When a couple have become business partners and dissolve their marriage, the process can be disruptive – and even detrimental – […]

All About Inherited Business Interests During Divorce Divorce involves the splitting of assets. Assets are generally broken down into one of two categories: marital or nonmarital, also referred to as separate. Marital assets are subject to split while assets that are deemed separate remain the property of the owning spouse. Keeping assets separate can be […]

What You Need to Know About Valuating the Family Business for Your PA Divorce. Pennsylvania is an equitable distribution state. This means that when a couple divorces, all marital property must be divided between the spouses. If you or your spouse owns a business, the business may be considered marital property. Before you and your […]

Imagine yourself as a budding entrepreneur with a great idea. You work hard every day to grow and expand your business. Suddenly you are receiving larger orders as the days and weeks pass. Your work has become your life. In the little free time you have, you go out with friends and eventually, when you […]