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'I'm Getting Divorced, and My Spouse Owns Part of My Company'

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This story appears in the April 2014 issue of Entrepreneur. Subscribe »

Q: I'm getting divorced, and my spouse owns part of my company. Now what?

A: Sorry to break it to you, but unless you went into business with well-defined operational roles or have a prenuptial agreement that clearly defines company ownership, you're likely facing a long and very expensive process of selling the organization and then distributing the payout as determined by the courts.

Illustration © Neil Webb

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