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Saratoga Divorce Attorney Explains How a Mutually Shared Business is Handled
The staff is extremely friendly and knowledgeable. They truly care about their clients and walk you through the process every step of the way. I highly recommend Jean and here team for any legal needs.
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They were so kind and caring throughout the whole experience. Walked with me through everything. They made a difficult and painful time more. I would recommend them to in a heartbeat. Best decision about the divorce I made.
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Was a real advocate for me while going through my divorce. Responded to emails and calls promptly and guided me through the entire process. Fair, responsive and frankly a light during a tough time.
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Do you run a mutually shared business with your spouse and you are starting a divorce? Contact dedicated Saratoga Divorce Attorney Jean Mahserjian for help.
How is a Mutually Shared Business Handled During Divorce?
As an experienced Saratoga Divorce Attorney, clients who run a mutually shared business that are going through a divorce ask how it will be handled in the process.
- A business in which both parties work is usually one started by one of the parties or in which one party has more of a vested interest.
- Depending upon the type of work, the more-interested party may be more of a principal in the business, and it will be natural for that party to retain the business.
- Sometimes, however, if the parties started the business together, it can present significant challenges.
- Although it is not always advisable, some parties are able to continue working together, and can remain partners. Success depends upon the parties themselves, and the level of their acrimony or cooperation.
- A high-conflict divorce, however, will make it impossible for both parties to continue running that business.
Do you run a mutually shared business with your spouse and you are starting a divorce? Contact our experienced Saratoga divorce attorneys today for a free consultation and case evaluation.
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