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We Own A Business Together – Who Gets To Keep It?

For some couples, dividing assets is a pretty simple process. For others, there are complex financial considerations and long term calculations that have to be made.

If you and your spouse started a business together during the marriage, it is marital property whose disposition will have to be negotiated as part of the settlement.

There are many ways that can play out, depending largely on what your preferred end-game is and the state of your relationship with your spouse.

Some questions to ask yourself include: Do you enjoy the work and want to keep the business?

Would you prefer being bought out by your spouse and moving on to other projects?

Can you and your spouse continue to work together and operate the business, if that’s something you would prefer?

The attorneys at Zelenitz, Shapiro & D’Agostino understand how complex a divorce action can be for entrepreneurs who’ve built a business together.

We can help you understand all the options available to you, then work to achieve your goals at the negotiating table.

Call us today at 718-523-1111 for a free consultation.