When spouses approach the property division process, the assumption is that they know more about their estates than any judge ever could. Although judges do their best to make the fairest, most equitable decisions based on all of the factors at play, the truth is that they can never understand the intimate details of the…
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No matter how hard we try to keep our laws universally applicable, there are always exceptions. In the case of dividing businesses during a divorce, there are some firm ground rules that generally apply to most spouses. However, these laws are not “written in stone,” and there are considerable exceptions. Although it might be rare…
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Many spouses in the United States own businesses, and dividing these assets can be tricky during a divorce. This can be especially complex when you consider the various tax implications of dividing a business. It is important for spouses to understand these implications in order to avoid unnecessary taxes and complexities as they end their…
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