Money becomes an issue and it can affect the family business
Anger can be costly. This is the reason why in so many cases of divorce, money becomes an issue and certainly, it can affect the family business, whether it is big or small.
In so many hilarious divorce stories throughout Australia, it all started with the anger of an aggrieved spouse. Most often, the spouse who refuses to have a divorce wants to get even. The best possible way to get even is through money. It is also very dangerous to be angry and heartless because an angry spouse does not consider the effects of his or her acts to those who will be affected.
In some cases, the wife, who remains a homemaker in a marriage, will claim for equal rights and shares. Under the domestic courts of Australia, this claim has legal bearing, because the wife, though just a jobless homemaker has also contributed to the welfare and success of each member of her family. Thus, all properties belong to the conjugal funds and therefore, the same should be equally divided among the two spouses. The result is a destruction of the family business and the negative effects to the financial stays of the family. It is sad enough that the spouses separate, but what is worst is that they have destroyed the source of livelihood for the family.
Although there are laws to be followed to save the family funds, which is really disastrous especially if there are minor children, still there is only one solution to save the family business, and that is: mediation or settlement.
Thus, in all the fights that we have encountered in our lives, we have to remember that much as possible, we have to think straightforward and consider those who will be affected. In life, regardless of the wrong decisions we make, we have to thinks what is best for the majority and not only for ourselves alone.
Disclaimer : This article provides basic information only and is not a substitute for a professional or legal advice. It is prudent to obtain legal advice from a family lawyer.