As is the case with many business law matters, the answer is complicated. Ultimately, the circumstances … Show More surrounding your business will influence how your separation plays out. What type of entity is your business? Is it a corporation? Is it unincorporated? Businesses are often either incorporated or an alternative entity like an LLP or LLC. Typically, corporations have more options for splits and mergers. On the other hand, alternative entities will often have operating agreements that will govern what will happen in the event of an ended business partnership.Furthermore, the amount of ownership stake you have in the business will also make a difference. To better understand how your business …Read More »
Sponsored answer by Melissa N. Donimirski
