Career and Pursuits - Experts and Resources

Learning To Co-Parent A Business With Your Ex-Husband

Divorce is hard enough when it's just between two people. It's even more complicated when there are children involved. But what happens if you and your soon-to-be ex own a business together?

I saw that question posed in a tax advice column the other day, and the answer provided something valuable, beyond the simple X's and O's of how the assets are shared.

Sure, there was the standard discussion of the tax implications — the issues to consider if you or your ex wants to sell off your share of the business, or if both of you want to sell. But then there's the other possibility: Nobody sells anything and the two of you continue to operate the business together. And that's the part of this that I found most interesting.

Al and Tipper Gore Separating: How Does Any Marriage Last A Lifetime?

Al and Tipper Gore’s surprise separation announcement has exposed “An Inconvenient Truth.”  In today’s environment, it’s very hard to keep a marriage together for a lifetime.

There doesn’t seem to be much support encouraging the continuity of marriage if you take the temperature of commentators. The New York Times had someone call divorce an iconic baby boomer event.

On one of the morning TV shows, their so-called experts said that it doesn’t matter that Al and Tipper may be divorced since the kids are now older. Hmmm. With rationed time, it now means that elderly parents see their adult kids half as much for holidays and get togethers and adult kids have to choose between parents.

Ironically, the announcement was made at the peak of wedding season when couples will walk down the aisle making the commitment to love each other through thick and thin, sickness and health, richer or poorer.

As one reader wrote, “When young couples see that the Gores (and many others) can't quite make it work, what hope is left for them?"

Sarah Palin and the He-Dude

With the confidence of a captain of the girls' basketball team, Sarah Palin swished her way into the office of Mayor of Wasilla, Alaska, took a jump shot at being Governor of Alaska, and then slam dunked the nomination for the Republican vice presidency.

Along the way, she’s accomplished a feat that often sidelines powerful women. Throughout her impressive career, she has never made her husband look diminished.

How she has dribbled her way around this challenging issue is a subject truly worthy of debate. After all, studies in Social Forces and The Journal of Marriage and Family say that women who are more successful than their husbands have higher divorce rates.