Is my ex-wife entitled to my business?

As we discussed earlier, all or part of your business will probably be considered marital property. If your spouse was employed by you or your company, helped run the company in any way or even contributed business ideas during your marriage, then he or she may be entitled to a substantial percentage of your business.

Can my ex-wife take my limited company?

Can my spouse claim half my limited company? In theory, your former partner could claim that they are entitled to a share of your company even if they have no interest in it. However, the courts tend to be reluctant to disrupt a business where there is another option, such as to offset the value.

What to do when an ex employee harasses your business?

Claiming defamation against a former employee who is spreading negative information about your company oftentimes brings more attention to the issue and makes you seem like you have something to hide. A former employee posting harsh words online will eventually run its course.

What to do when an ex employee is upset?

When an ex-employee is upset and making it known, it’s hard to know what to do without making it worse. Luckily, we have a few guidelines to follow when dealing with an unhappy former employee. With the rise of social media, upset ex-employees can slander your company or business online.

What happens if your husband owns a business?

In absorbing his expenses, the business also appears to take a hit, both in its net income and in its valuation. His loss of income began just as your marital troubles were intensifying.

Can a husband claim no income from his business?

If your husband’s business pays his personal expenses, then he doesn’t need to take a paycheck – and can claim he has “no income.” In absorbing his expenses, the business also appears to take a hit, both in its net income and in its valuation. His loss of income began just as your marital troubles were intensifying.

When is a married couple considered an employee?

Below, we point out some issues to consider when operating a business as a married couple. A spouse is considered an employee if there is an employer/employee type of relationship, i.e., the first spouse substantially controls the business in terms of management decisions and the second spouse is under the direction and control of the first spouse.

What did my husband do with his business?

He never paid anything to purchase it and the company makes less money than it did before he started. He put no effort into the business other than showing up for work and servicing the accounts as any employee would have. He did nothing to act as a partner in the business at all.

What happens when you let an ex employee go?

Letting employees go can be a difficult and emotional experience, and it’s normal for people to be upset. What happens, though, when a former employee starts bad-mouthing your business online, calling your office repeatedly, or even showing up in person to cause issues?