Divorce is emotionally and financially stressful for all couples, but when one spouse owns a business that has supported the family, structuring a settlement can become complicated. With careful negotiations and planning, you can hold onto that business.
“Basically, you really want to try to maintain the value of the business and the value to the marital estate,” says Marc Effron, certified public accountant and managing partner at White Elm Group, LLC in Atlanta, Georgia. “The best way to do this is to make every effort to keep the business in place through the divorce process.”
A future perspective is important, as is ...... Read More