(1) The economic circumstances of the parties.
(2) The duration of the marriage.
(3) Interruption of personal careers or educational opportunities.
(4) The contribution to the personal career or education of the other spouse.
(5) The desirability of retaining an interest in a business intact and free from any claim or interference by the other party.
(6) The contribution of each spouse to the acquisition, enhancement, and production of income.
(7) The intentional waste, depletion or destruction of marital assets.If spouses can’t live with each other, there’s a good chance they won’t be able to work together either. However, to stay in business together, couples need ask some questions:
– Will you be more successful together or apart?
– Are the children better off if the business closes?
– Can you communicate effectively with each other?
– Can you define new boundaries at work?While it’s impossible to take emotions entirely out of the process, businesses do survive divorce, and the emotional turmoil can be minimized. The Wall Street Journal article is here.