By: Leslie A. Satterlee and Ben Himmelstein Going through a divorce is difficult in every way, but things can get especially difficult and complicated when you own a business with your spouse. There are three main avenues that people may take regarding the community business: buying out the other spouse, selling the business, and continuing […]
Most people going through a divorce know that they will need to divide their assets and debts accumulated during their marriage. Most people likely also understand that this can include the house they are living in, the bank account they use to pay their bills, the pots and pans in the kitchen, and that joint credit card. But, it is important to know that the community may include many other nuanced and not-so-obvious assets and debts.
Everyone remembers Cliff and Claire Huxtable and their kids living a chaotic yet loving life. TV has the ability to show humor and conflict and wrap it all up in a bow in less than 30 minutes. But what if the Huxtable marriage fell apart like nearly half of all marriages in America?