How Can a Business Owner Protect Their Company During a Divorce

Visit the full page: https://azcriminalandfamilylaw.com/business-owner-protect-company-divorce/ A prenuptial agreement is one of the most effective tools to protect business assets before marriage and can clearly define business ownership. It allows you to specify the business as separate property and limit your spouse’s claim in the event of a divorce, which is essential for protecting your business assets. However, you’re not out of options if you didn’t sign a prenuptial. Arizona law allows for postnuptial agreements — contracts signed after marriage that serve similar purposes. These can still clarify business ownership, exclude it from marital property, and set terms for handling business assets during divorce. If you’re operating a growing business in Arizona and want to protect it from future divorce claims, consult a family law attorney to draft an agreement that meets legal requirements. The Law Office of Daniel Hutto Arizona Family Laws Attorneys [phone] azcriminalandfamilylaw.com Address: 2201 E Camelback Rd Suite 120 Phoenix, AZ 85016