Divorce- who gets what?
In the UK she is entitled to half of everything. They can sell the house pay off the mortgage and each gets half of what is left after bills are paid. If one wants to keep the house they have to buy the other out. She is also entitled to half of his share of the business And part of his private pension, and car and anything else they own. She does not have to move out until the house is sold. UK
She is entitled to half. That half can be written against debts, and other assets are considered.
Given a 50/50 split the Maths is $210K minus $55K divided in half $77.5K APPROX given taxes and fees still have to come out - also any other debts the couple may have. That is around the figure one would have to pay the other to own the house outright OR if neither can afford to do so, the sale can be forced and both would lose the property. Yes his business or his portion in it can be considered a marital asset and she may be entitled to a share in that too. He may opt to keep the business in return for giving up his share in the house, or some other compensation could be worked out. The attitude of "its all mine" may have contributed towards the fact they are getting divorced now.
You are correct - she will get 50% of the proceeds or he will have to buy her out. She also can have a go at his business and his pension.
Sigh......YOU don't need to be in THEIR business.
Every divorce is unique. Lots of factors.