How Can Wife Get Half of Corporate Business?

Related Ads
Talk to a Local Family Law Attorney
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small

Question:

How can wife get half of closely held corporation, when she has not contributed, and makes more money than husband? -- Maureen

Answer:

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.

This site does not provide legal advice and users of this site should not interpret any of the information presented here as legal advice. The information provided merely conveys general information related to commonly asked legal questions. We are not a law firm and the employees responding to questions are not acting as your legal attorney. You should ultimately consult with a Lawyer for your case.


Thinking About Divorce?

Find information about divorce or locate a lawyer to help you.
Talk to a Lawyer
If you have questions about divorce, child custody, or child support, get advice from a divorce lawyer.
40% Off Nolo's Best Selling Divorce and Family Law Books!
Use the coupon code "divorcenet"

Get Informed


Popular Topics


LA-WS6:LDIR.1.3.0.121213.177xx