Scott Downing Talks to the Houston Chronicle About Divorce Month’s Impact on Business

Scott Downing spoke about the complications regarding national divorce month and its impact on business owners, especially in cases where the spouses seeking divorce are co-owners of the business at hand.

“If you own a business with your spouse, it can be expressed in the paperwork as 50-50 owners of the company. There’s a lot of times the wife will be the majority shareholder, so they can take advantage of being a woman-owned business,” he explained. “That alone, though, doesn’t dictate how the company is going to be divided.”

Read the entire article at Houston Chronicle.