Separating from significant other, what happens to money we invested together?

[sammiejo1]

My ex-husband and I have been divorced for several years. We got back together shortly after getting divorced but we never remarried. We purchased a house together and then sold it for a nice profit a few years ago. We then invested that money in a business that he owns solely. I am not a co-owner or shareholder. We are officially separating for good and I want to know if there is any chance that I could get some of the money back that was from our initial investment since my name is not the business.

 

[Duranie]

I do not see how since you had no agreement for him to repay you. when you give someone money like this, you take a huge risk that the relationship may eventually end. You do not get any money back simply because now you are breaking up. You can certainly ask an attorney.

 

[jharris352]

You can sue him for quantum meruit (value of goods and services) that you put into the business. Its not the smartest thing in the world to put money into a business without an agreement, but I would claim partial ownership in the business via lawsuit and then settle with him if he doesn't want to fight it out in court.