I've a limited company which I'm joint director with my wife ...we are divorcing. She doesn't commit much time to the business, meaning that I've had to work very long hours just in order to raise enough income to stay in our (expensive) London rental.
We can't work together (we just don't get along...her work ethic suck, always arguing)...but now that we're divorcing she wants to remain in London with our kids...our kids aren't doing well at school & my estranged wife had wanted to move them prior to the divorce (meaningshe wasn't worried about their upheaval), so with that in mind I think it's better we just relocate out of London where we can find 2 places much cheaper (town to be chosen by both of us - 2 separate properties)...she won't & is digging her heels in to stay in London (ludocrously expensive)....and is pretty much just expecting me to finance that.
So as it stands, I've already been working too hard to keep a roof above our heads...but now we're divorcing...well, my mind boggles at how high our overheads are going to be...two properties rented...1 being in London....I just don't think I'd be able to cope with the work & stress.
Nope, I can't work that hard anymore - it's crazy - So to my question...we can either try to sell the business (tough, becuase the business really is me...probably wouldn't raise much anyway), or we can wind down the business...but what I worry about is that if I do either of those two things, then our income dries up ....& I would worry that any judge would consider this reckless & therefore just give my ex-wife most/all of our (considerable) cash assets to weather her income-less storm with the kids (most of our cash assets pre-dated me meeting her - I'd worked hard for 22yrs & had properties...sold about 6 months prior to meeting her...so had a lot of cash assets)
Are my worries justified? Surely a Judge can't expect me to work my fingers to the bone on my jack jones to finance her London lifestyle? (this is what has caused the marriage to fail in the first place!), but now I'd have to work even harder. I'd rather sell up & stack shelves...a nice simple, stress free job