Most business owners know not to bring personal issues to work, but how do you do that when your ex-spouse is your business partner, co-owner or employee? Although it does not happen often, divorced spouses have been able to continue operating a family business successfully together. How do they do it? Maintaining Mutual Respect and […]
Children and Divorce – Hugs & Kisses in a Bottle
/in Children & Divorce, Coping with Divorce, Divorce /by MaryMary Krauel, owner and mediator of PRM Mediation just launched her first book on Amazon – Hugs & Kisses in a Bottle – The Best Christmas Gift Ever. Your 5-9 year-olds will love the unique and creative way they can make and give Christmas gifts to mom and dad especially after separation and divorce. We […]
How to Get a Separation Agreement Without Divorce Lawyers
/in Divorce, Divorce Costs, Mediation, Separation Agreements /by MaryDivorcing couples feel it is bad enough having to divide their net worth with their ex-spouse and so are reluctant to spend what they consider wasted money on divorce lawyers to help them reach a settlement. They see their future retirement assets being eroded and that Freedom 55 is looking more like Freedom 75. Do […]
Backtracking on Divorce Decisions
/in Children & Divorce, Coping with Divorce, Divorce, Parenting Plans /by Mary– written by Mary Krauel, published in Divorce Magazine Blog In this post I emphasize how divorcing spouses can be their own worst enemy through self-sabotage. Nothing can kill a settlement faster than reneging on terms agreed to during a mediation or settlement negotiation. Recanting Terms in Unsigned Divorce Settlements is a Perceived Breach It […]
Divorce Means You are No Longer a Married Couple
/in Children & Divorce, Coping with Divorce, Divorce, Parenting Plans /by Mary– written by Mary Krauel, published in Divorce Magazine Blog I was recently approved by Divorce Magazine as a Divorce Expert to provide guidance and advice to couples embarking upon their personal journey of divorce and separation. My first blog post addressed a very common challenge faced by couples who find letting go of their […]
When Your Business Co-owner is Getting a Divorce – A Sigh of Relief it’s Not You or….
/in Coping with Divorce, Corporate Conflict, Divorce, Family Business, Mediation, Shareholder Disputes, Transition Planning /by MaryAre you in the thick of your business partner’s divorce too? The short answer is yes. Not only are the other owners likely to be pulled into another owner’s divorce, but the company itself can become a named party in a future litigation if things get ugly between the divorcing couple. Most business owners have […]
Divorce and the Family Business – Part 3 – Key Success Factors of Working Together Post Divorce
/in Coping with Divorce, Corporate Conflict, Divorce, Family Business, Mediation, Shareholder Agreements, Shareholder Disputes, Transition Planning /by MaryMost business owners know not to bring personal issues to work, but how do you do that when your ex-spouse is your business partner, co-owner or employee? Although it does not happen often, divorced spouses have been able to continue operating a family business successfully together. How do they do it? Maintaining Mutual Respect and […]
Divorce and the Family Business – Part 2 – Who Stays and Who Goes?
/in Coping with Divorce, Corporate Conflict, Divorce, Family Business, Mediation, Property Division /by MaryBoth parties are often emotionally as well as financially invested in the business. It may have also been a major part of their social lives as is found with franchise owners who develop a business and social community. Working together after divorce is an admirable goal, but it may not be realistic for many divorcing […]
Divorce and the Family Business – Part 1 – Close or Sell the Business?
/in Coping with Divorce, Divorce, Family Business, Mediation, Property Division, Sell Business /by MaryIn a three part series I will explore the options available to divorcing couples who have family businesses. Industry Canada’s definition of “small business” is firms that have fewer than 100 employees. Ninety-eight percent of businesses in Canada have fewer than 100 employees according to their Key Small Business Statistics report issued July 2012. This […]