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Diamonds and Pearls of Wisdom

The DivorceWizards Blog, by Lynne Diamond

Broadcom Former CEO Henry Nicholas

Friday, November 03, 2006

Is getting divorced. Now the thing about Henry is that he left his position at Broadcom corporation about two years ago so he could mend his relationship with his family. Huh? Who does that? Totally quits their job to spend time with their family. Henry, are you familiar with balance? Apparently not. The trick is to be able to have a successful family life while you are having a successful business life – what were you thinking? Did you really think if you totally concentrated on your family, you could fix something that has probably been broken for a long time? So now Henry, after two years, you are succumbing to become another divorce statistic. And you are also a neighbor of mine in Orange County, CA. The reason why Henry’s divorce was headlines in the Business Section was to point out the concerns when your spouse owns a share of your business. The article wisely recommends having some type of agreement so that an estranged spouse cannot undermine the inner workings of a business should divorce strike the principals. Good advice.
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