When business partners divorce, what happens to the business?

When business partners divorce, what happens to the business?

If you and your spouse decide to get a divorce, you have a lot of personal issues that you need to address, such as who gets custody of the children or exactly how you want to split up your marital assets. All of these choices are related to your own life and what it takes to divide your life from that of your spouse. If the two of you are business owners, though, some of the focus has to shift…

2 ways to protect your retirement plan during a divorce

Divorcing when you have property often means needing to invest a lot of time in litigation or negotiating a settlement. You and your ex may have shared accounts and property, which will mean it takes longer to create an accurate inventory of your marital estate and to divide those belongings. Few marital assets make as much of an impact on your future financial stability as your retirement account. You and your spouse have probably spent the entirety of your marriage…

3 common problems children of divorce face

Children of divorce are more likely to deal with certain problems than children who live in stable families. Some of the problems that you may see arise include behavior issues, poor academic performance and sudden risk-taking behaviors. As a parent, seeing these changes can be scary, frustrating and upsetting. Fortunately, you can help your child by addressing their concerns and making sure they know that you are there for them. Here are a few things to consider about the three…

What can you expect when divorcing a narcissist?

Narcissism is a personality disorder in which a person has an inflated sense of self. They may have an incredible ego and feel the need to be admired and loved by others. Since this is the way the disorder works, it’s not surprising that a divorce can turn a normally narcissistic person into an aggressive or vengeful individual. While not all people with this condition are difficult to work with during a divorce, you may be having trouble with your…

3 ways to protect yourself when divorcing an addict

Addiction involves the compulsive indulgence in certain behaviors despite the fact that they can cause harm to the person doing them or to their broader social network, including their immediate family members. People develop both psychological and physical addictions. Gambling and pornography can lead to psychological addictions. Alcohol and pain medication can lead to physical addiction. Any form of chemical dependence or addictive behavior can adversely affect a marriage. There are steps you can take to protect yourself when you…