What happens to my business in a divorce?
So you own a business and are embarking on divorce! Not a great combination… Find out what issues you are likely to face, and how you can develop an effective strategy to keep it all together.
So you own a business and are embarking on divorce! Not a great combination… Find out what issues you are likely to face, and how you can develop an effective strategy to keep it all together.
If you hold equipment in one entity, and carry on your business in another, you may be thinking this is a great asset protection strategy. It is, but it is missing one critical part – registration of the arrangement on the PPSR.
If you are carrying on a business through a partnership, then we strongly suggest you consider moving to a company. Find out why will hold this opinion.