Forbes.com Article: "Divorce-Proof Your Business"

Divorce Financial Strategist, Jeffrey Landers, recently authored an article for Forbes.com regarding divorce-proofing your business, regardless of the status of your marriage. The article includes some great information for business owners – whether you are married, single, about to divorce, etc. Mr. Landers' article, "Divorce-Proof Your Business, Even If You're Still Single or Happily Married," suggests that business financial planning should be consider a sort of insurance policy. In the same way we ensure our homes, autos, and lives, financial planning for your business should be taken care of – whether or not you think you'll ever need it. Mr. Landers' article discusses a number of possibilities: Prenuptial Agreements, Asset Protection Trusts, and Postnuptial Agreements. Most importantly, Mr. Landers reminds readers that these protective measures should be in place before a divorce is a possibility. He writes, "To be truly effective, these protective methods should be in place long before divorce is a possibility. Obviously, something like a prenuptial agreement needs to be signed before you are married, but techniques such as transfers to an irrevocable trust need to be done years in advance. Depending on your state's fraudulent transfer laws, transactions can be voided up to seven years after the transfer!" Read the article here. If you are considering divorce-proofing your business here in Kalispell, consider meeting with a financial planner.

Read more detail on Recent Family Law Posts –

Legal notice about the Forbes.com Article: "Divorce-Proof Your Business" rubric : Hukuki Net Legal News is not responsible for the privacy statements or other content from Web sites outside of the Hukuki.net site. Please refer the progenitor link to check the legal entity of this resource hereinabove.

Do you need High Quality Legal documents or forms related to Forbes.com Article: "Divorce-Proof Your Business"?

This entry was posted in Divorce Law and tagged , , . Bookmark the permalink.

Leave a Reply