Hello,
I have a few questions. I'll try to be brief.
My husband and I are about to separate. We live in New York. We have a 9 year old son. we've been living together for the last 9 years and have been married for 7 seven years. Our separation is amicable and we want to keep it that way. I've been a homemaker for the last 9 years and my husband has his own business that grosses approx $500k yr. He started the business 3 weeks before we were married so the majority of the business assets were accumulated after we were married. My questions are:
First, should we prepare a separation agreement or a post-nup? and what's the difference between the two?
Second, should the division of the business be referenced in the separation agreement or only in the final judgement of divorce?
Third, How is a business valued and divided? Like I said, we are trying to be amicable and fair. What formula should I use as the basis for requesting my share of the business?
Thank you

