Dividing the Family Business: What Happens in a Divorce?
In this episode, the Oxendine Law team breaks down one of the most complicated issues in a divorce: what happens to a family business. When couples jointly own a company, the emotional and financial stakes rise, especially when deciding whether to keep the business, sell it, or negotiate a buyout. The hosts explore the real-world challenges spouses face when a business is on the table, why accurate valuation is critical, and how proper buyout agreements can safeguard long-term financial interests. They also highlight the risks of attempting to continue co-ownership after a divorce and what…
The skinny
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