Can my business partner's wife take my half of the business when they divorce?
3 Answers from Attorneys
Possibly. Consult with a local attorney. All the facts of the relationship need to be investigated.
Unless there is a restriction in the company/partnership agreements somewhere, i.e. a buy-sell agreement, yes, it is possible and a major reason to have buy-sell agreements.
If you would like to discuss any issues further, please feel free to contact my office. The link to my contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Possibly, depending on details I don't have (the percentage also could be other than one-half).
To discuss this further, feel free to call me.
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