If you're a small business owner facing divorce, then you have some very serious decisions to make, and very little time to decide your path forward. Without proper legal guidance and decisive action, your divorce may take your business down with it. The good news is that you have options — but you must act quickly if you hope to keep your business intact throughout your divorce.
When people divorce, financial issues often come to the forefront. Resolving those issues for a divorce settlement is often less simple than just counting the money in the bank accounts and calculating the value of the family house. There may be many assets that one spouse is not aware of, either because the other spouse innocently managed income and investments or because the other spouse intentionally hid income and investments to shield them from being accessed by anyone other than themselves.