whatever_works wrote:Apologies if this should be in the "before and during" forum or another. My divorce is not final yet. 2.5 years and still going. State is MA. Two kids. I lost my job last month and I am looking at my options next. My wife lost her job about a year ago and she has been searching since. There are plenty of jobs for both of us but since she is taking her time finding one, I am in no rush to get one.
I'm a computer programmer and I've been considering finding corp-to-corp assignments going forward. So far I've been a W-2 employee at a large company so taxes, assets and child support were all easy to do. But if I form an LLC or an S-Corp for the purpose of having hourly wages going to the corp and start drawing a comparable salary from the corp, would that make my wife go after the S-Corp's earnings during the finalization of the divorce?
Would it be advisable to hold off until the divorce is final and find a W-2 employment instead?
Thanks for any advice. I've looked through the forum archives but didn't find anything relevant. I emailed this question to my attorney last week but have not heard back from him yet.
Although I didnt form my LLC during the divorce (it as formed yrs ago during the marraige at happier times), it is now making my life a living hell during the divorce process.
I am also a computer programmer and takes assignments corp to corp on hourly rate...that was the only purpose of the LLC.....
stbx is a "co-owner" of this LLC.......
as you could imagine..it has complicated things to no end......please wait!!!!