Blog

Divorce and your business: six scenarios for after the split…

Many businesses are founded and run by a husband and wife team.
What happens to the business if they divorce?

The ‘clean break’ principle

The Family Court’s position is that whenever possible, there should be a clean break between ex-spouses. This means a property settlement, with the combined asset pool being broken into two chunks. When the assets include a business, the property split can take place in a number of ways

Read the full article.

A story by Greg Parker for mybusiness.com.au

Related posts:

  1. #sellbusiness; What’s the Business You’re Selling, Exactly?
  2. Announcement: Farewell to aCE talentNET, it’s been a fabulous ride…
  3. #sellbusiness Good at Selling? How to Sharpen Your Sales Strengths…

Related posts plugin by:Related posts plugin  

Start earning money online in one hour visit:Ways to make money.

Top
Top