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What Can Business Owners and Entrepreneurs Learn From A Divorce Lawyer?

You never enter a marriage thinking it will end, but the statistics are nearly 50% of all marriages in the United States end in divorce. With statistics like this, and if you own your own business or are thinking of starting a business, it might be a great idea to consider steps you can take to protect your family and the future of your business. How can a Divorce Lawyer help you? When you own a home it’s never a question that you will invest in homeowners insurance, or if you invest in a vehicle you always purchase car insurance. Why should your business and marriage be any different? It helps to think of a prenuptial or postnuptial agreement like an insurance policy for your family and business - it is a safeguard in case of an unplanned divorce.

Why consider a prenuptial/postnuptial agreement?

If you desire to keep your business going for the long term, it’s best to consider all possible problems including divorce. When setting up your company as either a partnership or LLC, and establishing how the business will be run, it would not be out of place to include the terms of your pre/post-nuptial agreement within those guidelines. This will maintain the structure of your business and remove any arguments should you have the need to separate. The goal is to keep the business entity intact even if your marriage should fall apart and protect both of you from the possibility of financial loss if you are unable to agree how things should go after a separation. Deciding ahead of time takes the stress and frustration out of an already stressful situation.

Contact An Experienced Legal Representative 

Syracuse divorce lawyer Richard J. Bombardo has 20 years of experience in helping couples decide on a full range of marital agreements including pre/post-nuptial agreements. The objective of this agreement is to keep the courts out of deciding your businesses future should you decide to go your separate ways. If you would like to take advantage of the legal guidance we can offer you, we would love to meet with you and discuss your options. Call 315.488.5544 or contact the Bombardo Law Office, P.C. online.

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