Kajko, Weisman & Colasanti, LLP
Lexington & Cambridge (781) 325-1786
Andover & Danvers (978) 296-5107
Nashua Office (603) 883-9649
Schedule a Consultation With a Knowledgeable Attorney
(781) 325-1786
Contact Menu
A full-Service Law Firm Representing Clients Throughout Massachusetts

No longer partners in life, how do exes remain business partners?

When some couples get together, they are joined at the hip. They have a home together. They are parents together. And some couples are even business owners together. All of that togetherness during a marriage can make for complications during a divorce.

Among the above collaborations often shared by spouses, the business collaboration can be the most complicated after getting a divorce. Of course child custody and property division matters are important, stressful and often emotional, but the issue of how to run a family company when spouses become exes requires a specific kind of help and business logic.

A pair who started and continues to run a business together even after their divorce compiled a list of advice for others who, like them, want to shield their companies from the damage that a divorce might cause. The following is just a tidbit of advice to begin a larger conversation about this sensitive property division issue:

Sit down and divide marriage versus business matters as soon as possible. Sadness, anger, fear and other emotions can take over people's decision-making. Each party should have their own divorce lawyer present who can help divide issues and clarify how to best move forward. Cool heads prevail when it is a goal between exes to maintain a business relationship.

An upcoming post will continue on the subject. It is an important family law and business matter. People get divorced in hopes to begin a happier, more secure chapter in their lives. Protecting the business that helps provide parties their stability and happiness outside of their marriage can ease the stress of a divorce.

Source: Entrepreneur, "If You Run a Company Together, What Happens When You Divorce?" Kate Taylor, Feb. 25, 2014

No Comments

Leave a comment
Comment Information

Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters.

We accept credit cards:

Master Card VISA

Kajko, Weisman & Colasanti, LLP

Lexington Office
430 Bedford Street
Suite 190
Lexington, MA 02420

Phone: 781-325-1786
Fax: 781-861-1833
Lexington Law Office Map

Nashua Office
20 Trafalgar Square, Suite 434, Office 64
Nashua, NH 03063

Phone: 603-883-9649
Fax: 781-861-1833
Map & Directions

Andover Office
68 Main Street
Suite 4
Andover, MA 01810

Toll Free: 978-296-5107
Fax: 978-470-3874
Map & Directions

Back To Top