Closely-held corporations, partnerships, and LLCs often require shareholders and partners to provide the business with a prenuptial agreement. Businesses are incredibly valuable financial assets and dividing them under a divorce can be exceedingly complicated and expensive. These mandatory prenuptial agreements are used to protect the operations of the business from the personal issues of its individual shareholders or partners. Divorce and business do not mix Businesses are run by people, … [Read more...]
Corporations are requiring shareholders to obtain prenuptial agreements
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