Parents are linked to each other forever through their children. This means that fights you had when you were together can still come up even though you are no longer romantically involved. For instance, money can still be a major source of contention and many people fight over child support.
Every divorce has the potential to be emotionally, physically and financially life-changing. However, when you and your soon-to-be ex are dealing with complicated assets or large sums of money, it is the financial aspect that can take precedence.
If you're a regular follower of our blog then you may have read last week's post in which we discussed how to determine whether a business is considered separate or marital property. As we explained in the post, which can be found here, marital property is divided equitably during divorce proceedings. In order to do this with a business, though, it must first go through the valuation process.