Can a family business share be excluded from a divorce settlement?

[upto11]

I am looking for some advice about my divorce settlement. My ex and I are currently in the early stages of the process, have both engaged solicitors and are soon to complete the Form E. I own a 10% share of a family business, started by my parents many years ago My father has now died so my mother owns 80% and my brother the other 10%. My ex has never had anything to do with this business. Does anyone know whether he will he be able to make a claim on my 10%? Or can it be excluded from the divorce settlement? It is not of a high value if that makes a difference.

Theoretically it’s an asset and needs declaring in the pot irrespective of him never having anything to do with it

Your solicit8r will know. Make sure you declare if for the financial settlement.

Thank you both. I of course will be declaring my interest but it just seems so unfair that a family business, which has been run by my family for so long, should be included as part of the settlement. I have received two large inheritances too which I have no intention of not sharing with my ex. I suppose it's the more emotional side to the business interest which is upsetting me.

It doesn’t mean he’ll be awarded anything
or it might mean he gets something else instead

its crap but then divorce settlements usually are with some winners some losers

The inheritance might also be up for grabs - worth doing some research on that.

Inheritance may also be joint pot. You can’t pick and choose what’s shared, that’s the point of marriage.