Divorcing when both spouses co-own and work in the same business can be especially complex. Unlike other marital assets, a business is not just a financial entity—it’s often deeply tied to identity, livelihood, and long-term goals. When a couple decides to separate, figuring out what happens to the family business requires careful legal, financial, and emotional considerations.

In British Columbia, if an inheritance is used to buy a family home, it can become family property and be subject to division during divorce — even though inheritances are typically excluded from division.

Divorce during a midlife crisis hits differently than in other stages of life. It’s not just the end of a marriage—it’s often tied to deeper questions about identity, aging, unmet dreams, and the fear of time running out.

Divorce can be an emotional rollercoaster, often bringing feelings of depression and anxiety. It is important to combat these feelings and regain emotional balance.