${site.data.firmName}${SEMFirmNameAlt} Main Menu
Call Today: 855-805-0595

Protecting business owners with prenups

51813666_S.jpgWhen Missouri entrepreneurs decide to get married, they may be concerned about the future of their businesses. A growing number of tech startup founders and other business owners are rediscovering the importance of a prenuptial agreement. Once considered by many to be a realm reserved for the ultra-wealthy or celebrities, prenups are particularly important for business owners. As people choose to marry later in life after establishing successful careers, they can benefit from thinking about a potential future separation. Of course, some couples prefer to avoid prenups, as they don't want to think about divorce before they marry.

On the other hand, given the percentage of marriages that end in divorce, people may consider prenuptial agreements a form of an insurance policy. Business owners in particular have a lot to be concerned about. Privately held companies may increase dramatically in value if a big breakthrough comes during a marriage. As a result, the company may be split up or even sold off during a divorce, as one spouse would no longer be able to buy out the other. Some angel investors even decline to finance tech startups where the founders are not protected by a prenuptial agreement that ensures continuity of the business.

A prenup isn't intended to provide value to only one partner. Indeed, for an agreement to be upheld in court, it is important that both parties are properly represented and receive some consideration in the prenuptial agreement. These agreements help people deal with major asset division questions years in advance.

Business owners have some unique concerns when it comes to marriage or divorce. The future of their companies may be at stake in the property division process. A family law attorney may help entrepreneurs prepare for the future and protect their assets.

No Comments

Leave a comment
Comment Information

Contact Our Team To Get Help Now

Tell us about your case and we’ll get back to you promptly.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close
Stange Logo

Stange Law Firm, PC
256 NE Tudor Rd.
Lee's Summit, Missouri 64086


Johnson County:
7300 West 110th Street, Suite 560
Overland Park, KS 62210

Toll Free: 855-805-0595
Fax: 314-963-9191
Law Office Map

DHQ | Divorce Headquarters Divorce
Headquarters ® App Download The App
Questions? Live Chat Pay Your Bill Online
States of Service

Other Office Locations

  • Saint Louis County: 120 S. Central Ave., Suite 450, Clayton, MO 63105: Clayton Office
  • West County: 16024 Manchester Rd., Suite 103, Ellisville, MO 63011: Ellisville Office
  • Jackson County: 256 NE Tudor Rd., Lee's Summit, Missouri 64086: Lee's Summit Office
  • Jefferson County: 16 Municipal Drive, Suite C, Arnold, MO 63010: Arnold Office
  • St. Charles County: 2268 Bluestone Drive, St. Charles, MO 63303: St. Charles Office
  • Franklin County: 5 S. Oak St. Union, MO 63084: Union Office
  • Lincoln County: 20 Centerline Drive, Troy, Missouri 63379: Troy Office
  • Boone County: 1506 Chapel Hill Rd., Suite H, Columbia, MO 65203: Columbia Office
  • Greene County: 901 E. St. Louis, Suite 404, Springfield, Missouri 65806 Springfield, MO Office
  • St. Clair County: 115 Lincoln Place Ct., Ste. 101, Belleville, IL 62221: Belleville Office
  • Madison County: 5 Club Centre Ct., Suite A, Edwardsville, Illinois 62025: Edwardsville Office
  • Sangamon County: 400 S. 9th St., Suite 100, Springfield, IL 62701: Springfield Office
  • McLean County: 1012 Ekstam Drive, Suite 4, Bloomington, IL 61704: Bloomington Office
  • Johnson County: 7300 West 110th Street, Suite 560, Overland Park, KS 62210: Overland Park Office
  • Sedgwick County: 2024 N. Woodlawn Street, Suite 407, Wichita, Kansas 67208: Wichita Office
  • Shawnee County: 800 SW Jackson Street, Suite 812, Topeka, Kansas 66612: Topeka Office
  • Tulsa County: 6660 S. Sheridan Road, Suite 240, Tulsa, Oklahoma 74133 Tulsa Office
  • Monroe County: 116 W. Mill St., Waterloo, IL 62298 (by appt. only): Waterloo Office
  • St. Louis City: 100 S. 4th St., #549, St. Louis, MO 63102 (by appt. only): St. Louis Office
  • Jackson County: 2300 Main St., #948, Kansas City, MO 64108 (by appt. only): Kansas City Office

The choice of a lawyer is an important decision & should not be based solely upon advertisements. See additional disclaimers here.