The collapse of a relationship, be it a business or personal one, is never a happy occurrence. In some cases, separation is inevitable, but the number of people who plan for that is very few.
There are quite a few things that you have to take into consideration when a relationship breaks down because the joining of two people means that entanglement is very frequent. It’s not a case of just separating; there are things which can bind people together and cause issues. We are going to look at some of the things you need to consider, all of which can be applied to either a business or personal relationship.
Legal separation is one of the first considerations when a relationship breaks down and can take many different forms. For a marriage which has collapsed, a divorce lawyer is potentially necessary. For two people who founded a company together, this may cause the dissolution of the whole venture. In any circumstances where a legal union has been made, it requires specialist assistance to undo that.
Focusing more specifically on the breakdown of personal relationships for a moment, parental responsibility plays a significant factor in separating from somebody. If you have offspring together, then legally, the child is still the responsibility of the two of you, and this requires an arrangement to be made over shared custody. It is at this point that people enter the stage withholding the child from a partner out of spite, which is more often than not illegal, but it is essential to remember that even if you separate from someone, you have parental responsibility to them if a child is involved.
When any two entities join their lives together, finances become difficult. Whether it’s the investment of two companies into another enterprise, or simply two adults who have lived together for years, disentangling financial obligations can be quite tricky. In some cases, the house may require mortgage payments to be figured out, or ownership of the company would need to be established and agreed on.
This is perhaps the prime example of how separating from someone can have a severe impact. When finances are intertwined so intimately, separating them is not an easy task; some parties can suffer financial losses. It’s important to be aware of that if you are considering separation and to assess your position before you make any decisions.
An unfortunate complication of many separations is a situation where one party has committed criminal acts either against the other one or society as a whole. For example, one person may be abusive to their partner, or one of the owners of a company may be committing fraud. It is crucial while dealing with the separation to make sure that justice is delivered, which may require you to divert energies into pursuing a line of investigation with the relevant authorities. If you know that a crime has been committed, you have a moral obligation to report it, which can understandably be difficult but is also necessary.