In previous blog posts, we have discussed how divorcing spouses can divide a family business. Yet, what if both spouses want to continue the business? A recent article in The New York Times discussed couples that have been able to remain business partners after deciding not to be life partners.
Couples in Georgia who are working through divorce tend to face challenging emotional battles. Legal experts say that conflicted personal feelings often get in the way of negotiating logical and objective high asset divorce settlements.
Divorce involves the separation and negotiation of many aspects of life. If a couple runs a family business, the decision must be made as to whether they will remain business partners after their divorce. If this is not desired or possible, there are measures that can be taken to avoid dividing the business during a high-asset divorce in Georgia.