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August 16, 2010

Divorce-proof your business

The small-business owner bristled when Akeela Davis suggested that she and her husband-to-be draw up a marriage contract.

“I can’t go into this marriage thinking it will fail,” the business woman said.

She listened as Davis, a Vancouver-based financial-divorce specialist, explained why business people need these agreements when they get married.

A marriage contract — in the U.S., it’s called a pre-nuptial agreement — would explicitly exclude the woman’s future spouse from owning a piece of her business if they separated. The woman, who had been building the business for several years before she met her partner, finally agreed.

via Divorce-proof your business.

posted to Divorce,Mediation @ 9:16 am

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Internet Parenting — Skype Style | home | Baby boomers lead new wave of ‘gray divorce’