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Determine the value of the family business in the case of divorce

2 years 6 months ago
For many families, a family-owned business can provide the primary source of income. Whether structured as an S-Corp or a C-Corp, whether the business is owned by shares of stock or wholly individually, every business has a value. Even if one spouse was responsible for the development of the business or is the main rainmaker in the business while the other stayed at home or was otherwise employed, the value of the business is usually a marital asset subject to division by the court in the case of…
Erin Rathjen-Decker

At least 26 dead after tornadoes rake US Midwest, South

2 years 6 months ago
WYNNE, Ark. (AP) — Storms that dropped possibly dozens of tornadoes killed at least 26 people in small towns and big cities across the South and Midwest, tearing a path through the Arkansas capital, collapsing the roof of a packed concert venue in Illinois and stunning people throughout the region Saturday with the damage's scope. [...]
ADRIAN SAINZ and ANDREW DeMILLO, Associated Press