My husband believed he owned our family company and even served me with divorce papers hours after I gave birth, convinced he would walk away with the business. What he never understood was that operational authority and legal ownership are not the same thing. The company had always been protected by a family trust, and when the board acted according to its governing documents, he discovered that the position he held had never made him the owner.
People assumed my husband built our company. He certainly acted as though he had. At conferences, people introduced him as the visionary. Magazine interviews called him the driving force. Employees …
My husband believed he owned our family company and even served me with divorce papers hours after I gave birth, convinced he would walk away with the business. What he never understood was that operational authority and legal ownership are not the same thing. The company had always been protected by a family trust, and when the board acted according to its governing documents, he discovered that the position he held had never made him the owner. Read More
