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Contractor Ltd Company and divorce

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    Contractor Ltd Company and divorce

    Hi

    Can my spouse take 50% of the business (the profits in the account) including Directors Loan?
    I own 100% share currently, if I was to give some of this away to family member, would this prevent spouse getting hands on it?

    Thanks

    #2
    Originally posted by OrangeJuice View Post
    Hi

    Can my spouse take 50% of the business (the profits in the account) including Directors Loan?
    I own 100% share currently, if I was to give some of this away to family member, would this prevent spouse getting hands on it?

    Thanks
    1. Sorry to hear of your difficulties.
    2. FFS.

    Does that cover it off?

    Comment


      #3
      What does your prenup say?

      Comment


        #4
        Originally posted by AtW View Post
        What does your prenup say?
        She gets custody of the chutney spoon collection.

        Comment


          #5
          If she's run off with a 6 foot 8 gladiator I'd give her the lot. Pronto.
          'CUK forum personality of 2011 - Winner - Yes really!!!!

          Comment


            #6
            BTW she says you can keep the loan.
            'CUK forum personality of 2011 - Winner - Yes really!!!!

            Comment


              #7
              Say that she can have the whole company - and then dob it into HMRC for IR35..

              Comment


                #8
                Originally posted by AtW View Post
                What does your prenup say?
                Don't have Prenup arrangement.

                Comment


                  #9
                  Originally posted by OrangeJuice View Post
                  Don't have Prenup arrangement.
                  Have you asked your solicitor?

                  Comment


                    #10
                    Blow it all on hookers and coke then she gets nothing.
                    Make Mercia Great Again!

                    Comment

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