I Own A Business With Approximately 25 Employees. Although My Wife Has Never Worked In My Business Or Assisted Me In The Operation Of My Business In Any Way, She Is Claiming That If We Get Divorced, I Will Have To Pay Her For Her Interest In The Business. Is She Correct?
February 2, 2016 | by Cimmerian MorganDepending on various circumstances, if one spouse in a divorce action has an ownership interest in a business, that ownership interest can be deemed a marital asset subject to equitable distribution with the non-business owning spouse. Consequently, your wife may indeed have a “marital interest” in your business. In general […]