Life Events & Transitions
Marriage, kids, divorce, moving states, losing a partner, business failure — life events hit owners differently because the business is wrapped up in every one of them.
Guides
Marriage and the Business: Prenuptial Agreements, Comingling Assets, and Spousal Roles
Marriage changes the legal status of business ownership even without any explicit action by the parties. Property acquired during marriage — including growth in business value — may be treated as marital property subject to division in divorce, regardless of…
Divorce and the Business: Cash Flow, Buyout Timing, and Retirement Account Splits
This is the extended companion to 1.6 — the introductory treatment of divorce and the business under Category 1. Where 1.6 covers the foundational mechanics and structural context, this piece focuses on operational realities: the specific cash flow patterns…
Having Children as a Business Owner: Maternity/Paternity Leave Planning, Childcare Costs, and 529 Funding
When W-2 employees have children, they plug into employer-provided systems — parental leave policies, group health insurance, flexible spending accounts, employer-matched retirement contributions. Business owners have none of this by default. Everything has…
Death of a Business Partner: Personal Financial Shock Absorption and Succession
When your business partner dies, two crises arrive simultaneously. The first is the human loss — a friend, colleague, and often a surrogate family member is gone. The second is the operational and financial crisis that follows immediately: ownership…