It’s 2018 and England have reached the semi-finals of the World Cup for the first time in 28 years. While most of us will be backing an England win on Wednesday, through every moment of togetherness and excitement, when England wins, there is a...
It is common for one partner or both to be part of a family business. Family enterprises can be structured in a variety of ways which include sole traders, partnerships or limited liability companies. A divorce will potentially impact upon the business, emotionally and/or financially. A business within a family cannot be ignored or shielded from the divorce process simply because one partner has no involvement in it. Call our divorce law experts on 0203 816 0548.
A business can suffer irreparable damage if couples working together use it as a battleground. On the other hand couples can remain working within the business after their divorce particularly in amicable separations, although they will always be advised to ensure that there are clear guidance and boundaries around their continuing business roles. During the divorcing process, these couples need to be able to keep their emotions in check and continue operating their business successfully, particularly if it is a primary source of income.
