There are many success stories of couples building iconic companies in harmony. But, it doesn’t always work out that way and, in the midst of a divorce or separation, owning a business together isn’t easy.
The good news? You’ve managed it this far! In my experience with clients, co-owning a business during the turbulent end of a relationship (before you officially split) is the hardest part. Now you can take proactive steps forward.
Forensic Accountant and Business Valuer, Jenny Letts works predominately in the divorce world.
“My role is more often than not to be an Expert in the Family Court, to value businesses when couples are going through a divorce,” she says.
So, what happens if you co-own a company with your ex? Here, Jenny shares the first steps and common speedbumps.