How can we divide a family owned business?

Coming from a family that owns a local business and now working for another small family-owned business, it’s pretty safe to say that businesses are something that I think about a lot. You might even be surprised at how often it comes up, but there are lots and lots of different types of businesses that…

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Divorce for Virginia Business Owners

A lot of divorcing couples own a business–something that tends to complicate equitable distribution. Equitable distribution is a fancy word we use to describe how property is divided in Virginia. Equitable distribution, unlike community property, doesn’t necessarily assume that property will be divided 50/50, but that negative and positive monetary and non monetary contributions can…

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