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One more thing you have to consider is if the state you're living in is a community state, in which case 50% of yours is hers and vice versa.

So even if you had 40% in the company and she has 20%, you actually really both have 30% each in it, as retirement investments are also considered community property.

On top of that, in your math, you would actually be the majority owner, not absolute (as no one would have over 50%) majority, but you would hold the relative majority (as no one holds more than you and your spouse each).
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