Many multigenerational business families decide at some point to encourage family members to enter into premarital agreements. Often families are motivated by one experience with a “bad divorce” – whether that means a divorce that disrupts the family or business, removes an unexpected amount of assets from the family’s control, or causes undue suffering for children or grandchildren. Particularly as enterprising families move into their second, third, or fourth generations (and have therefore had such…
This post introduces an essay on creating a prenup system that preserves human, not just financial, capital.