Impact of Divorce on Jointly Owned Business

Many spouses begin, build, and own businesses together. Doing so enables them to experience the joys that such an endeavor can bring. However, if those spouses divorce, they must deal with the pain that can be involved in deciding what to do with such a business. “Business Can Feel Like a Child in Divorce” published in yesterday’s The Ledger-Enquirer (Columbus, GA) gives a unique, first-hand account from someone who has been through such a breakup. The author, Susan Miller, states that their business “is like a child I lost whom I can no longer contact, much less share in the joy of its success — even though I was an equal partner in its creation.” The full text of this article can be read here.