Saturday, November 7, 2009
If you own a business that was started or acquired during your marriage, it is an asset to be divided between you and your spouse. There are many different ways to determine a value for your business. The part of your business that is related to your "personal" good will, that is you, is a non marital asset that solely belongs to you. However, the hard assets and the "enterprise" good will, are assets to be valued and distributed accordingly.