Using A Prenuptial Agreement to Protect the Small Business

Authors

  • Sandra J. Perry Bradley University

Abstract

A divorce or death in the small business owner  family  can threaten loss of assets and/or control of the business. A prenuptial agreement can be used to control the distribution of assets upon divorce and/or death in order to preserve the assets of the business and retain ownership and control of the business. Small business consultants are in a unique position to discuss this matter with their clients and suggest a policy regarding prenuptial agreements.  General requirements of prenuptial agreements and possibilities for  use in the small business are discussed.

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References

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Published

1998-01-16

How to Cite

Perry, S. J. (1998). Using A Prenuptial Agreement to Protect the Small Business. Journal of Small Business Strategy, 9(1), 54-63. Retrieved from https://libjournals.mtsu.edu/index.php/jsbs/article/view/381

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