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QUESTIONS FOR BUSINESS OWNERS OR THE SPOUSE OF A BUSINESS OWNER:
Is the business a corporation, a sole proprietorship or a corporation? Do you know the differences between these different entities. |
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Have you considered from the standpoint of an economic business decision whether it is in your best interest in the long run to sell or keep the residence. |
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| 2. |
Was the business started during marriage or before the marriage? |
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| 3. |
What are the businesses accounting practices? Were bookkeeping records generated? |
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| 4. |
Do you have copies of the tax returns for the business for all of the years during the marriage? |
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| 5. |
Do you have copies of the bookkeeping records for the business for at least the last three years? |
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| 6. |
Do you and your spouse work in the business together or is only one of you responsible for managing/operating the business? |
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