If you own a business and are planning to get married, you’ve probably put a lot of time, energy, and money into building your company. The last thing you want is to risk losing part of it in a divorce. That’s where a prenuptial agreement (prenup) comes in. A prenup can help protect your business and make sure both you and your future spouse understand what will happen if the marriage ends.
In California, without a prenup, anything you earn or grow during the marriage, including business value, is usually considered community property. That means it can be divided equally in a divorce, even if only one spouse worked in or owns the business. A prenup can spell out what part of the business stays separate and what, if anything, is considered shared. It can also set rules for spousal support, debt responsibility, and other financial matters.
It’s important to know that prenups aren’t just for protecting money, they’re about setting expectations. They help both partners go into the marriage knowing where they stand and what they agree is fair. But writing a strong prenup takes care and attention. California has strict rules about how prenups must be written, signed, and reviewed, and both partners should fully understand what they’re agreeing to.
If you’re a business owner thinking about marriage, The Grey Legal Group, APC can help. Our experienced family law attorneys can work with you to create a prenup that protects your business, respects your relationship, and gives you peace of mind. Contact us today to schedule a consultation and take the next step toward securing your future.