What happens when one of your business partners gets divorced? Unless your operating agreement states otherwise, chances are you are now in business with your partner and their ex -spouse. It’s a well-known fact that half of all marriages end in divorce, yet it is staggering as to how little by way of planning goes into this statistic when it comes to setting up a business. Let’s take a closer look at what a business owners’ options are when it comes to divorce among partners.
Consider…