Business ownership and divorce, part 2

Serafini, Michalowski, Derkacz & Associates

How to reconcile the valuation of a business, its potential equity distribution, and support obligations.

If you are a business owner, you want to ensure that your spouse is not able to “double dip” in receiving part of the business, and spousal support based upon your income. This would allow your spouse to receive double recovery on one asset.

Related Posts: Cases in the news: Bonk v. Bonk, Ways to manage financial pitfalls during late-in-life divorce, Same-sex marriage ban, Deciding where to live after divorce

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