Re:Should I resign as Director of STBXs company?

Those of you who have read my posts in jokes and humour about my husband's 'creative accounting' will know that I've recently exposed him, at Mediation, for potential tax fraud. He's meant to be sorting this out and presenting legal and honest accounts but I really don't trust that he'll do it. I am a Director of one of the businesses (not a shareholder though) but have never been on the payroll - just someone to sign documents etc. to be honest. I don't want to be associated with all his dirty dealings and would like to resign. Is there any reason why this would not be a good idea?

ah, I know how this feels. Check with your solicitor - I resigned as company secretary as like you, I wasn't a shareholder and I received no payment. It was clear to me even before I received the bank statements attached to Form E that the only way he could be living the life he was was by taking every penny from the business. I was right. I resigned after talking to my solicitor - her view was that if I was receiving nothing from the business, there was no reason to continue as a director unless I wanted to. However, it was clear my ex's business was going down the drain at that point.

If your stbx has a thriving business (or at least one that is breaking even) and it is the type of business that could be sold on lock, stock and barrel, I would be careful about making the decision without appropriate legal and financial advice.

Clear as mud, sorry!

Thanks for the advice, and yes it does help. I've been thinking about it during the night (don't sleep much these days) and think there's more information I need to get from him that I have a legal right to as a Director, before I send my carefully worded resignation.

you don't need to send any letter of resignation if you decide to go down that route, although it would of course be polite to let him know your intentions! You do, however, need to fill in the appropriate paperwork from Companies House to be officially removed - do look into it and don't leave it to chance that your ex will remove you himself. You can download the form from their site and send it in - keep an eye on the appropriate web page as it will show you have been removed.

Please take good advice before making this decision as it would well affect your financial situation post-divorce.