Executives and business owners are accustomed to running the show but an upheaval in their personal life, such as divorce, can have a significant toll on their work, their employees and the business performance as a whole.
For high net-worth individuals with established businesses, the financial situation for both spouses can be complicated, with more at stake. But a rapidly growing startup can be equally problematic as valuations can turn into a moving target.
However, perhaps the most challenging situation, in terms of both its personal and financial implications, is when spouses are also business partners – where the exit of one can have a major impact on operations.
Read the full article on The Globe and Mail.