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It depends on various factors, including the jurisdiction where the divorce is filed. In some jurisdictions, the other spouse may be entitled to a portion of the business's value if it is considered marital property. However, this can also depend on the specific circumstances and contributions of each spouse to the business during the marriage. It is recommended to consult with a family law attorney to understand the laws and rights applicable in your specific situation.

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6mo ago
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15y ago

Yes because it was made and purchased since the marriage. Gifts, if proven to be for only one spouse (like a car your dad gives specifically to you) can be excluded, but anything built during the marriage, or acquired together during the marriage, is all fair game. Get an attorney if you're dealing with this issue.

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Q: If a business is started by one spouse during a marriage is the other spouse entitled to part of that business if the marriage ends in divorce?
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