The first step is to get a lawyer to ensure that you are being treated fairly in a prenuptial agreement. If a party does not have significant assets and they are marrying the person that does have significant assets, it’s valuable for that party to have a prenuptial agreement so that he or she knows […]
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WATCH: If both spouses co-own a business together, how will it be divided on divorce?
Before we talk about parties continuing to co-own the business, we need to identify what kind of business it is. Is it a sole proprietorship? Well, in that case, it would not apply because it’s only one owner. But both parties may work in the business. Is it a partnership in which they both own […]
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