How can wife get half of closely held corporation, when she has not contributed, and makes more money than husband? -- Maureen
How can wife get half of closely held corporation, when she has not contributed, and makes more money than husband? -- Maureen
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Maureen: One way is if she owns stock in the corporation. The other way is if the business was acquired during the marriage making it marital property. The court can leave the business in the husband's name but make an award to the wife for a share of the fair market value of the business.
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