Is My Business a Marital Asset in a Divorce?
Is My Business in Jeopardy if I get a Divorce? If you own a business and are thinking about going through a divorce, you might be asking yourself, is your business considered an asset that can be divided by the court? In short, the simple answer is that it depends. In determining whether your business is an asset, or to the extent which it’s considered an asset, the court will look at the business’s “goodwill.” …