Subject: Notice of Divorce — Business Matter— - [Your Name] vs [Spouse's Name] [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Spouse's Name] [Spouse's Address] [City, State, ZIP] Dear [Spouse's Name], RE: NOTICE OF DIVORCE — BUSINESS RELATED I hope this letter finds you well. I regret to inform you that after much consideration and attempt at reconciliation, I have decided to initiate divorce proceedings between us. This notice is crucial to address the implications of our separation on our existing businesses. For clarification, we have co-founded and jointly operated several business entities as outlined below: 1. [Insert Business Name] — Description: [Provide a brief overview of this business, its activities, and primary sources of revenue.] 2. [Insert Business Name] — Description: [Provide a brief overview of this business, its activities, and primary sources of revenue.] 3. [Insert Business Name] — Description: [Provide a brief overview of this business, its activities, and primary sources of revenue.] Our divorce will undoubtedly have significant repercussions on the aforementioned businesses. To ensure a smooth transition and minimize disruption, it is essential to address the following key areas: 1. Ownership and Equity: We must determine how our ownership interests and shares in each business will be allocated post-divorce. It is crucial to review the partnership or shareholder agreements for each entity and consult with legal experts to facilitate a fair and equitable distribution. 2. Financial Accounts: Any jointly held bank accounts, investment accounts, and credit facilities pertaining to the businesses need to be restructured and clarified. We must establish separate accounts for individual business operations, ensuring appropriate control and ownership. 3. Business Decision-Making: We must discuss and establish processes for future decision-making in the businesses. This could include voting rights, appointment of board members or managers, and outlining roles and responsibilities. Our aim should be to protect the businesses' interests while respecting each other's individual objectives. 4. Continuity and Management: To ensure the continued smooth operation of these businesses, we should consider the appointment of competent individuals to assume management roles or seek professional advice on restructuring the management team as necessary. 5. Dissolution or Buyout Option: Depending on circumstances, it may be necessary to discuss the possibility of dissolving any or all of the businesses or a buyout option. This decision will require careful evaluation of financial implications as well as the potential impact on existing employees and business relationships. I understand that navigating these matters can be complex and emotionally challenging. I propose that we appoint independent attorneys, experienced in divorce and business law, to assist in guiding us through the process while safeguarding our respective interests and the stability of the businesses. Their expertise will facilitate fair negotiations and enable us to reach mutually acceptable agreements. I kindly request that you acknowledge receipt of this notice within [number of days] from the date of this letter. We should schedule a meeting at the earliest convenience to initiate discussions on these vital matters promptly. Together, we can work towards an amicable resolution that protects our interests and upholds the integrity of the businesses we have built together. Please let me know your preferred time and place for the meeting so that we can proceed efficiently. I strongly advise that you also consult your legal representation to ensure your interests are adequately protected throughout this process. Thank you for your attention to this matter. I sincerely hope that we can approach these negotiations with mutual respect, transparency, and a common goal of preserving the businesses' value and continuity. Yours sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.