"Divorcing your spouse does not mean you must divorce your business. Something you and your spouse can hopefully agree on is that it is in both your best interests that the business continues to operate profitably and provide income.
A privately held business can represent a major portion of the marital assets in divorce and become subject to division in the settlement. Without advance arrangements, you could find your business lost in a liquidation sale or divided into fragments or you could find yourself in partnership for a very long time with the person you are trying to get away from.
Some ways to divorce-proof your business include:
A prenuptial agreement drafted by a family law attorney....
Read more at:
How to divorce-proof your business - Jacksonville Business Journal:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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