Decades of marriage is no guarantee that happily ever after will result for California couples. Divorce among people over the age of 50 has doubled since 1990 according to Bowling Green State University researchers.
Considering a business when going through a divorce
Community property laws in California call for an equal distribution of a couple's joint assets when going through a divorce, and this can understandably worry entrepreneurs who are afraid of losing a business they started. A spouse might be entitled to a value for his or her share of the business, but the particulars in one's situation and the willingness of both parties to communicate and negotiate could lead to a variety of outcomes.
