There are many couples in Ohio who are in business together. Often, when marital strife comes into the picture, what seemed like a good idea when the marriage was going well is now like a battleground if the marriage ends. Collaborative divorce may help couples in this situation save their business even if the couple is unable to stay married.

The collaborative divorce process combines the use of financial advisers, family therapists and attorneys to help a couple come to a mutually beneficial divorce settlement. When spouses own a business together, the first question both parties need to answer is whether they want to continue to work together. If the answer is no, the parties can work out an agreement for one person to buy out the other's interest in the business.

However, if the parties want to be able to continue running the business together, things can get a little trickier. Any Ohio couple that wants to continue to work together after their divorce will need to be able to resolve the issues that ended their marriage and move forward as business partners. If the couple did not have a separate business agreement before, now is the time to create one. Also, the couple may want to use a therapist to help resolve any issues that may impede the ability to conduct business.

The fact of the matter is that marriages do end. However, business relationships don't necessarily have to end along with the marriage. Taking full advantage of the collaborative divorce process may be the first step in ensuring that a couple can continue to work together after their divorce is final.

Source: The New York Times, "When Couples Divorce but Still Run the Business Together," Bryan Borzykowski, Dec. 5, 2012