Prenuptial Agreements

October 1, 2010 in Conflict Resolution and Communication in Family Business

Wedding season is upon us, with all its images of joyous ceremonies, beautiful flowers, new beginnings -- and for many family business partners, downright fright at the idea of an outsider laying claim to a portion of the family business! In our capital-intensive agriculture businesses, unique lifestyles and common emotional attachment to the land, the idea of a business break-up or failure due to a divorce -- especially when the divorce rate is high -- is a real concern to many family operations.