Irreconcilable: The Divorce Podcast

Sullivan Law & Associates

The Business Owner’s Divorce—What’s at Stake?

OCT 7, 202629 MIN

Description

You’ve worked hard to build your business—but what happens to it when your marriage ends? In Episode 22 of Irreconcilable: The Divorce Podcast, the Sullivan Law & Associates team explores the challenges business owners face during divorce. From determining what a business is worth to addressing ownership and income, we discuss the questions that can affect both your financial future and your company’s day-to-day operations. Topics include: • How business ownership can complicate property division • Why business valuation matters • The difference between business revenue and income available for support • What happens when both spouses work in the business • Common mistakes business owners should avoid during divorce Whether you own a company, work alongside your spouse, or are married to a business owner, this episode offers a starting point for understanding what’s at stake. Connect with Sullivan Law & Associates: 🔗 All Links & Resources: https://taplink.cc/sullivanfamilylaw Subscribe & Listen: Never miss an episode of Irreconcilable! Follow us on Spotify, Apple Podcasts, YouTube, or wherever you get your podcasts. This podcast is provided for general informational purposes only and does not constitute legal advice. Listening to this episode does not create an attorney-client relationship. Every situation is different; consult a qualified attorney regarding your specific circumstances.