Businesses present their own challenges when dividing property and establishing income in a divorce. A business can be anything from a retail store to a home-based operation. It can be a medical practice, a construction business, a day care center, a dental practice, a law firm, or some other business. Businesses can be owned in several different ways. They can operate as sole proprietorships, partnerships, corporations, or various other business entities.
You Have a Silent Partner in Your Business: Your Spouse
It was 3:00 on a hot afternoon when Vince Reed, MD, rolled into his divorce lawyer’s parking lot in his new Jaguar. The sign on the door read, “Lauren West, Attorney and Counselor at Law.”
Vince and Carla ...