As many Arizona residents may already know, divorce can take a heavy toll on a family. Not only does it emotionally stress both spouses, but it can also be very strenuous for the children who have to watch their family being torn apart. This effect might be amplified if one parent wins sole custody of the children, meaning that the other parent won't get to see their kids as often as they used to.
Married entrepreneurs in Maricopa County should take steps to keep their business finances separate from their marital and personal expenses. Otherwise, business assets may not be considered separate property in a divorce. A prenuptial agreement offers one of the best ways to determine what is and isn't marital property for a couple.