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October 2019 Archives

How divorce impacts business assets

When business owners in Texas get divorced, they may be putting the future of their companies at risk. This is because a spouse may obtain a portion of the company or its assets as part of a final divorce settlement. If a company has multiple owners, everyone's future could be influenced by the outcome of a divorce even if they aren't directly involved in it. One way to avoid a potential disaster is to have a buy-sell agreement.

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