Divorces Involving Family Businesses

Going through a divorce is an emotional roller-coaster, as some New York residents have discovered. Even in amicable divorces there is often tension and negotiating going on, in addition to dealing with the emotions brought up by the process. Because splitting up can...

Protecting your company that you've worked hard to build is a priority for most business owners. While you might be focused on things like being able to ensure that you can keep the profits up to cover the bills and protecting it against competitors, there is another...

A person who has decided that their marriage is over will begin to pull away from their partner. While this is challenging in almost every case, it comes with some special considerations if you own a business together. This is especially true if only one person knows...

A traditional divorce is complicated enough, but what about when that spouse is also your business partner?After all, many businesses in the United States are family-owned and operated. Maybe you and your spouse launched your company a decade ago, after just a year of...

It is not uncommon for a married couple in New York to own and operate a business together. The pair might have been married before they formed the business or they may have been business partners who eventually became romantically involved. Either way, there are...

When a married couple in New York owns and operates a business together and decides to get a divorce, the question about what to do with the business logically arises. Some people might be able to find a way to work together as business partners even if they are no...

As New York residents may know, some divorces are more complicated than others. Business owners may be faced with additional issues during the property division phase. Some might be mistakenly under the impression that the business is held apart from the divorce...